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2950 N Oakland Ave
Milwaukee, WI 53211
Walgreens · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,700 SF
Building Class
C
Year Built/Renovated
1990/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.99 AC
Zoning
LB2
Parking
48 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
370’ on Oakland Ave

Amenities

  • Pylon Sign
  • Drive Thru

About 2950 N OAKLAND AVE , MILWAUKEE, WI 53211

The subject site is located along north Oakland Avenue (11,600 VPD) just north of the signalized intersection of Oakland Avenue and east Locust Street (23,000 VPD) on the east side of Milwaukee, Wisconsin. The asset has excellent visibility and three points of access off Oakland Avenue. It is surrounded by several national retailers including, Dollar General, Cold Stone Creamery, Subway, Goodwill, Jimmy John’s and Noodles and Company. The site is less than a block from Riverside University High School, which has enrollment of approximately 1,600 students. It is less than 1 mile from the University of Wisconsin - Milwaukee, the largest university in the Milwaukee metropolitan area and the second largest university in Wisconsin with undergrad enrollment exceeding 23,000 students and postgraduate enrollment of nearly 5,000 students. Immediately adjacent to the subject property is the new East Side mixed use project, a new 5-story development that will include ground floor retail with its’ own designated customer parking and 55 student apartments. The apartments consist of a mix of studio, one- and two-bedroom units with parking available for a monthly fee. The 5-mile trade area is supported by an affluent household income of $58,515 and a dense population of approximately 316,461 and 200,720 employees.

Property Taxes

Property Taxes

Parcel Number
316-1871-000-1
Land Assessment
$551,000
Improvements Assessment
$2,312,600
Total Assessment
$2,863,600
  • Listing ID: 14240687

  • Date on Market: 10/31/2018

  • Last Updated:

  • Address: 2950 N Oakland Ave, Milwaukee, WI 53211

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