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State Fair Inn 8101 W Greenfield 6,531 SF Retail Building Milwaukee, WI 53214 $650,000 ($99.53/SF)
INVESTMENT HIGHLIGHTS
- Turnkey Bar & Restaurant with Opportunity for Bed & Breakfast
- Across the Street from State Fair Park
- 12 Bedrooms on Second and Third Floors
- Quick Access to I-94 and I-43
EXECUTIVE SUMMARY
The State Fair Inn, located at 8101 W Greenfield Ave. presents a unique opportunity for an operator to acquire a turn key Bar and Restaurant. Conveniently located across Greenfield Ave from the Wisconsin State Fair Grounds (1.6M annual visitors), The State Fair Inn offers exceptional visibility and access. The State Fair Inn was originally built by the Schlitz Family in the early 1900's and is available For Sale for the first time since 1921. The property consists of a ground floor bar and restaurant, while the second and third floors present a Bed and Breakfast, rooming house, or apartment opportunity. Included in the sale is all the Furniture, Fixtures and Equipment - inventory is negotiable.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,531 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$99.53
Tenancy
Single
Building Height
3 Stories
Slab To Slab
9’
Building FAR
1.67
Lot Size
0.09 AC
Zoning
C-2 - Intended for a mix of uses in close proximity to residential areas that are compatible with the neighborhood scale.
Parking
13 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 452-0265-000 | Improvements Assessment | $294,900 |
| Land Assessment | $43,300 | Total Assessment | $338,200 |
PROPERTY TAXES
Parcel Number
452-0265-000
Land Assessment
$43,300
Improvements Assessment
$294,900
Total Assessment
$338,200
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State Fair Inn | 8101 W Greenfield
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