$1,399,000

4600 W Fond Du Lac Ave 4636

Milwaukee WI, 53216

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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 TypeFor Sale
Sub-TypeResale
StatusActive
Year2008
Days On Site146

Features

SQ Feet25,224
Story(s)1
ZoningCommercial
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Alex Spheeris

Alex Spheeris

81775-94 (262) 490-8875Contact Me Form Link
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Area Information
StateWI
CountyMilwaukee
CityMilwaukee
Zip Code53216
AreaMilwaukee
Listing VS Median (in 53216)
Price:
$1,399,000
low | high
Med:
$135,000
100% of Average
SqFt:
25,224
low | high
Med:
971
100% of Average
$ / SqFt:
$55
low | high
Med:
$139
100% of Average
On Site:
146
low | high
Med:
3
100% of Average
Listing Updated: January 23, 2021 8:06:10 PM PST
Pat Tasker LogoMLS Number: 1707369
Listing Provided By:
Pat Tasker  of  Shorewest Realtors Inc.
Listing data provided by Metro MLS. Copyright 2021, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

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