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4629 N Port Washington Rd 4,438 SF 100% Leased Retail Building Milwaukee, WI 53212 $825,000 ($185.89/SF)
Investment Highlights
- Iconic Restaurant & Building in Glendale, Wisconsin
- Buy Existing Business or Create Your Own Vision
Executive Summary
Are you a chef/owner-operator seeking a landmark asset with rental upside? Since its founding in 1936, Solly's Grille has been a nationally recognized destination in Glendale. The real estate is for sale at $825,000 with the option to additionally purchase the business. Celebrating 90 years of culinary history, famous for he original ''Butter Burger'' & recipient of the 2022 James Beard America's Classics Award. The property offers a rare combination of a turnkey legendary restaurant & multi-tenant building. Modernized, well maintained farmhouse-style building with modern amenities including an elevator. The 2nd floor with tenants provides immediate income potential plus there's an additional office & bathroom. First floor iconic counter seating and large grill plus kitchen and dedicated carryout kitchen and carryout door. There's a private office with a bathroom and shower on the second floor for the restaurant business, plus additional space in basement. Ready to start the grill... Contact listing agent for more information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,438 SF
Building Class
C
Year Built
2000
Price
$825,000
Price Per SF
$185.89
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.26
Lot Size
0.39 AC
Zoning
Commercial - Commercial
Parking
24 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
1’ on Port Washington Rd
Amenities
- Corner Lot
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 233-1000-004 | Improvements Assessment | $755,700 |
| Land Assessment | $211,600 | Total Assessment | $967,300 |
Property Taxes
Parcel Number
233-1000-004
Land Assessment
$211,600
Improvements Assessment
$755,700
Total Assessment
$967,300
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Contact the Sale Advisor
4629 N Port Washington Rd