8501 W Capitol Dr, Milwaukee WI 53222-1826 $650,000

8501 W Capitol Dr, Milwaukee 0.71 Acres $650,000 Active

  • Commercial/Industrial
  • Status: Active
  • Est. Square Footage: 5,749
  • Est. Year Built: 1961
  • Est. Acreage: 0.71
  • County: Milwaukee
  • Property Taxes: $16,094
  • Property Tax Year: 2019
  • Postal Municipality: Milwaukee
  • MLS#: 1688936
  • Listing Company: Encore Real Estate Brokerage
  • Price/SqFt: $113

8501 W Capitol Dr, Milwaukee, WI 53222-1826 - This turn-key restaurant provides a rare opportunity to purchase a fully operational landmark restaurant. It includes many recent upgrades including a new HVAC system and freshly painted interior/exterior. The property includes a humongous grandfathered pylon sign, as well as excellent exposure along Capitol Drive. This roadway includes an average daily traffic count of 25,300 vehicles. The property has multiple points of ingress/egress which lead to 2 parking lots with a total of 71 parking stalls. The improvement is priced well below replacement costs. It is also situated adjacent to some newer development, as well as a new furniture supercenter.

Additional Features
  • None
  • Heating/Cooling: Central Air, Forced Air
  • Water Waste: Municipal Sewer, Municipal Water
  • Roof: Composition, Rubber
  • Waterfront/Access: N
  • Lot Size: Rectangular
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1688936 Active May 14 2020 4:23PM $650,000 137

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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