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3015 S 13th St 4,511 SF 100% Leased Retail Building Milwaukee, WI 53215 $400,000 ($88.67/SF)
Investment Highlights
- Muti Family
- Storage/rental area
- Busy street
Executive Summary
Exceptional mixed-use investment opportunity in an exploding Polonia neighborhood! Located on 13th street giving you high visibility, currently three units, with room for expansion. The property includes two spacious 3-bedroom 2-bathroom residential units in the front, with the remodeled lower unit offering updated finishes, plus a large warehouse/garage space in the rear ideal for additional residential spaces, commercial use, storage, or an owner-occupied business - the sky is the limit. The renovated garage space adds versatility and value for a wide range of operations. Generate immediate rental income while taking advantage of the property's outstanding live/work flexibility and future growth potential. A rare opportunity for investors and business owners alike.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$49,200
|
$10.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,200
|
$10.91
|
| Taxes |
-
|
-
|
| Operating Expenses |
$14,600
|
$3.24
|
| Total Expenses |
$14,600
|
$3.24
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $49,200 |
| Annual Per SF | $10.91 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $49,200 |
| Annual Per SF | $10.91 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $14,600 |
| Annual Per SF | $3.24 |
| Total Expenses | |
|---|---|
| Annual | $14,600 |
| Annual Per SF | $3.24 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,511 SF
Building Class
C
Year Built
1923
Price
$400,000
Price Per SF
$88.67
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Lot Size
0.10 AC
Zoning
LB2
Amenities
- Freeway Visibility
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 508-0105-120-8 | Improvements Assessment | $232,900 |
| Land Assessment | $14,700 | Total Assessment | $247,600 |
Property Taxes
Parcel Number
508-0105-120-8
Land Assessment
$14,700
Improvements Assessment
$232,900
Total Assessment
$247,600
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Contact the Sale Advisor
3015 S 13th St