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Transit Express 424 W Cherry St 47,000 SF Vacant Flex Building Milwaukee, WI 53212 $3,900,000 ($82.98/SF)

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EXECUTIVE SUMMARY

*THE LISIT PRICE IS $4.5 MILLION - THE SELLER WILL PROVIDE A $600,000 CREDIT
AT CLOSING TO ACHIEVE THE ASKING PRICE OF $3.9 MILLION

PROPERTY FACTS

Price $3,900,000
Price Per SF $82.98
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Lot Size 2.06 AC
Rentable Building Area 47,000 SF
No. Stories 2
Year Built/Renovated 1982/2000
Parking Ratio 0.85/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 12
Cross Streets N 5th St
Opportunity Zone Yes
Zoning IL-2 - Light industrial

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,000-23,500 SF
  • Flex
  • -
  • Now

Asking Lease Rate is Negotiable

  • 2nd Floor
  • 5,000-23,500 SF
  • Flex
  • -
  • Now

Asking Lease Rate is Negotiable

Space Size Space Use Condition Available
1st Floor 5,000-23,500 SF Flex - Now
2nd Floor 5,000-23,500 SF Flex - Now

1st Floor

Size
5,000-23,500 SF
Space Use
Flex
Condition
-
Available
Now

2nd Floor

Size
5,000-23,500 SF
Space Use
Flex
Condition
-
Available
Now

1st Floor

Size 5,000-23,500 SF
Space Use Flex
Condition -
Available Now

Asking Lease Rate is Negotiable

2nd Floor

Size 5,000-23,500 SF
Space Use Flex
Condition -
Available Now

Asking Lease Rate is Negotiable

Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
361-0212-115
Land Assessment
$1,078,000
Improvements Assessment
$887,700
Total Assessment
$1,965,700
  • Listing ID: 28701798

  • Date on Market: 6/8/2023

  • Last Updated:

  • Address: 424 W Cherry St, Milwaukee, WI 53212

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