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312 W Keefe Ave 3,486 SF 100% Leased Retail Building Milwaukee, WI 53212 $749,900 ($215.12/SF) 10.67% Cap Rate
Executive Summary
Laundromat in prime Milwaukee location, high traffic residential neighborhood street corner, NOI $80,000/year. Building and Business in great condition and has a big parking lot. Property is also approved by CITY for a GAS STATION (lots of value for Buyers who understand gas station property values).
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,000
|
$30.98
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,000
|
$8.03
|
| Net Operating Income |
$80,000
|
$22.95
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $30.98 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $28,000 |
| Annual Per SF | $8.03 |
| Net Operating Income | |
|---|---|
| Annual | $80,000 |
| Annual Per SF | $22.95 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,486 SF
Building Class
B
Year Built
1971
Price
$749,900
Price Per SF
$215.12
Cap Rate
10.67%
NOI
$80,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.36 AC
Zoning
LB2
Parking
14 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 273-0620-100-5 | Improvements Assessment | $135,600 (2024) |
| Land Assessment | $7,900 (2024) | Total Assessment | $143,500 (2024) |
Property Taxes
Parcel Number
273-0620-100-5
Land Assessment
$7,900 (2024)
Improvements Assessment
$135,600 (2024)
Total Assessment
$143,500 (2024)
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312 W Keefe Ave
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