8361 S 27th St, Franklin, WI 53132 Sold for $500,000 on 02/28/2022

8361 S 27th St, Franklin 1.44 Acres $500,000 Sold

Prime Commercial Location with Existing Business!

  • Commercial/Industrial
  • Status: Sold
  • Est. Square Footage: 12,496
  • Est. Year Built: 1954
  • County: Milwaukee
  • Postal Municipality: Franklin
  • MLS#: 1777279
  • Listing Company: Shorewest - Elmbrook-Wauwatosa
  • Price/SqFt: $36
  • Zip Code: 53132

8361 S 27th St, Franklin, WI 53132 - Well established business located on highly visible thoroughfare in Franklin and Prime Commercial Development Opportunity! Situated on 1.436 acres, the Skyway Motel features thirty three units that span across three buildings. Five of the units feature a kitchenette. The property includes an Owner's residence attached to the Office / Welcome Center. The Owner's residence is a three bedroom / one bath home with full basement, currently used as business storage and laundry. Additional stand-alone home / Caretaker's Cottage for the current maintenance person. This home features two bedrooms and one full bath. The main building/Owner's residence roof was replaced within last two-years (per Seller). Turnkey business with steady stream of weekly renters, or an opportunity to re-imagine the land for a new business.

Additional Features
  • Block, Full, Partial, Walk Out/Outer Door
  • Heating/Cooling: Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1822150 Withdrawn Active Mar 13 2024 10:13PM 426
1822150 Mar 13 2024 11:26AM $649,000 $689,000 426
1822150 Feb 24 2024 4:52PM $689,000 $699,000 426
1822150 Active Withdrawn Jan 31 2024 3:35PM 426
1822150 Withdrawn Active Nov 24 2023 12:13AM 426
1822150 Active Withdrawn May 4 2023 10:51PM $699,000 $1,100,000 426
1822150 Withdrawn Active Feb 21 2023 1:07PM 426
1822150 Active Jan 13 2023 8:57AM $1,100,000 426
1777279 ActiveWO Active Jan 21 2022 8:28PM 2

Estimated Monthly Payment

$3,287 per month
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Maura Strickler

Maura Strickler

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