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4629 N Port Washington Rd 7,000 SF 100% Leased Retail Building Milwaukee, WI 53212 $875,000 ($125/SF)

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INVESTMENT HIGHLIGHTS

  • Iconic Restaurant & Building in Glendale, Wisconsin
  • Buy Existing Business or Create Your Own Vision

EXECUTIVE SUMMARY

This well maintained, farmhouse-style building with an attractive red brick and vinyl exterior is for sale, including all restaurant equipment.  Located just off I-43 in Milwaukee's North Shore, this property offers high visibility and easy access. An inviting front porch provides seating, and the expansive parking lot accommodates over 20 vehicles. The building features modern amenities like newer central air conditioning units and a Schindler elevator for comfort and accessibility. Plus, the second floor has tenants with a 3-year lease in place, providing immediate income.   This isn't just a building; it's a landmark.  This iconic establishment has been home to Solly’s Grille and the original "Butter Burger”, recognized as a James Beard award-winning neighborhood grill, drawing food enthusiasts globally. This is a rare chance to own a well-maintained property with a strong tenant and the legacy of an Iconic restaurant. Are you ready to continue its celebrated story?

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,000 SF
Building Class
C
Year Built
2000
Price
$875,000
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.41
Lot Size
0.39 AC
Zoning
Commercial - Commercial
Parking
29 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
1’ on Port Washington Rd

AMENITIES

  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Chase Bank
Cross Fit 100
PNC Bank
Planet Fitness
UMB Bank
Noodles & Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
233-1000-004
Land Assessment
$211,600
Improvements Assessment
$755,700
Total Assessment
$967,300
  • Listing ID: 31856605

  • Date on Market: 5/18/2024

  • Last Updated:

  • Address: 4629 N Port Washington Rd, Milwaukee, WI 53212

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