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4842 W Lisbon Ave 1,642 SF Retail Building Milwaukee, WI 53210 $345,000 ($210.11/SF)
INVESTMENT HIGHLIGHTS
- Income producing property providing immediate cashflow
- High-visibility location on a local retail corridor
- Recent renovations and newer mechanicals, plumbing, electrical, and windows
- Mixed use retail and residential
EXECUTIVE SUMMARY
Built in 1924, this 3-unit building in Milwaukee’s Uptown neighborhood is for sale. This 3,284 SF building features two fully-leased apartment units upstairs and a leased commercial space on the main level.
Located on the heavily trafficked Lisbon Avenue, the property is near North Avenue and a short distance to Highway 175, making it an excellent investment in a developing neighborhood.
Located on the heavily trafficked Lisbon Avenue, the property is near North Avenue and a short distance to Highway 175, making it an excellent investment in a developing neighborhood.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,642 SF
Building Class
C
Year Built
1924
Price
$345,000
Price Per SF
$210.11
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.07 AC
Zoning
LB2 - Local commercial
Parking
4 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 328-1211-000-3 | Improvements Assessment | $105,000 |
| Land Assessment | $5,100 | Total Assessment | $110,100 |
PROPERTY TAXES
Parcel Number
328-1211-000-3
Land Assessment
$5,100
Improvements Assessment
$105,000
Total Assessment
$110,100
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4842 W Lisbon Ave
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