1234 Milwaukee Ave, South Milwaukee, WI 53172 $299,900

1234 Milwaukee Ave, South Milwaukee 0.09 Acres $299,900 Active with Offer

  • Commercial/Industrial
  • Status: Active with Offer
  • Est. Square Footage: 3,680
  • Est. Year Built: 1925
  • Est. Acreage: 0.09
  • County: Milwaukee
  • Property Taxes: $5,487
  • Property Tax Year: 2022
  • Postal Municipality: South Milwaukee
  • MLS#: 1857969
  • Listing Company: Hometowne Realty LLC
  • Price/SqFt: $81
  • Zip Code: 53172

1234 Milwaukee Ave, South Milwaukee, WI 53172 - Prime business location in the heart of downtown South Milwaukee with instant revenue from the two 1-bedroom apartments (1,440 sq ft combined) located in the upper level! North unit tenant on MTM lease ($760/mo). South unit tenant signed a 1 year lease through 9/30/2024 ($790/mo). Spacious commercial unit (2,240 sq ft) in the lower level with large windows promoting foot traffic and a DOT traffic count of 6,207 vehicles per day. 2 car garage attached to commercial space. The full basement offers separate mechanicals for each unit as well as storage lockers. BONUS: huge roof top patio with separate entrance that could be utilized by all tenants! City of South Milwaukee offering grant for new businesses - see attachment in document tab for details.

Additional Features
  • Full
  • Heating/Cooling: Hot Water/Steam, Natural Gas, Other
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 2 refrigerators, 2 stoves, 2 washers/dryers
  • Roof: Rubber, Tar/Gravel
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1857969 ActiveWO Active Feb 29 2024 11:53AM 163
1857969 Active Nov 17 2023 12:10PM $299,900 163

Estimated Monthly Payment

$3,287 per month
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