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
MLS# | 1707369 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2008 |
Days On Site | 146 |
SQ Feet | 25,224 |
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Story(s) | 1 |
Zoning | Commercial |
Area Information | |
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State | WI |
County | Milwaukee |
City | Milwaukee |
Zip Code | 53216 |
Area | Milwaukee |
Listing VS Median (in 53216) | |
Price: $1,399,000 low | high Med: $135,000 SqFt: 25,224 low | high Med: 971 $ / SqFt: $55 low | high Med: $139 On Site: 146 low | high Med: 3 |