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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)
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
AT CLOSING TO ACHIEVE THE ASKING PRICE OF $3.9 MILLION
Property Facts
| Price | $3,900,000 | No. Stories | 2 |
| Price Per SF | $82.98 | Year Built/Renovated | 1982/2000 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.85/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 20’ |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 12 |
| Building Class | B | Cross Streets | N 5th St |
| Lot Size | 2.06 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 47,000 SF | ||
| Zoning | IL-2 - Light industrial | ||
| 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
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000-23,500 SF | Flex | Full Build-Out | Now |
| 2nd Floor | 5,000-23,500 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 5,000-23,500 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 5,000-23,500 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,000-23,500 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
2nd Floor
| Size | 5,000-23,500 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 361-0212-115 | Improvements Assessment | $887,700 |
| Land Assessment | $1,078,000 | Total Assessment | $1,965,700 |
Property Taxes
Parcel Number
361-0212-115
Land Assessment
$1,078,000
Improvements Assessment
$887,700
Total Assessment
$1,965,700
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Transit Express | 424 W Cherry St
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