$1,499,000
4600 W Fond Du Lac Ave 4636,
Milwaukee WI, 53216
Description
Most Milwaukeeans will remember the Fruit Ranch. Now it's a stylish commercial building built in 2008 and fully rented to 3 established and thriving commercial tenants, on yearly leases. Being so new and in such great shape, this would be an excellent income-producing property for your portfolio. Total monthly income of $13,000. Owner pays for water & sewer, tenants pay gas & electric. Building has a total of 10,683 square feet divided into 3 commercial spaces. Street parking for 2 of the tenants and a paved lot with 62 spaces for the 3rd tenant. The middle tenant has a tall garage door, and all tenants have 2-3 entrances. Long-time owner is retiring and offers this opportunity for sale. ADDRESS ON BUILDING IS 4610
Details
| MLS# | 1707369 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 60 |
Features
| SQ Feet | 10,683 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial |
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| Area Information | |
|---|---|
| State | WI |
| County | Milwaukee |
| City | Milwaukee |
| Zip Code | 53216 |
| Area | Milwaukee |
| Listing VS Median (in 53216) | |
Price: $1,499,000 low | high Med: $129,900 SqFt: 10,683 low | high Med: 1,088 $ / SqFt: $140 low | high Med: $119 On Site: 60 low | high Med: 49 | |
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 8,000 - 13,000
Listing Updated: 10/29/2020
MLS Number: 1707369Listing Provided By:
Pat Tasker of Shorewest Realtors Inc.