703 Layton AveMilwaukee, WI 53221

For Sale
$499,000

Turnkey Retail Space w/ Apartment

Overview

Added:
Dec 11, 2024
Days on market:
92
This Milwaukee retail property at 703 W Layton Ave offers a unique investment opportunity. The 2,513 square foot building, constructed in 1929, is zoned LB1 and sits on a 0.13-acre lot (APN: 6250023110). The asking price is $499,000. The property includes a turnkey business opportunity, as it's a former tavern with all fixtures, furniture, and equipment (FF&E) included. Adding to its appeal is a 2-bedroom, 1-bathroom apartment located above the retail space, ideal for owner occupancy or to generate rental income and offset mortgage payments. A garage is also included on the property. The location benefits from high traffic volume, with approximately 20,900 vehicles passing daily on W Layton Ave. Its proximity to major transportation arteries is another key advantage, being approximately 1.5 miles from Milwaukee Mitchell International Airport and about 1 mile from I-94 and I-41. This presents a compelling combination of commercial and residential potential in a high-traffic area. This is a rare opportunity to acquire a well-located, established business with significant upside potential.

Highlights

  • Turnkey business opportunity including the real estate.
  • Established tavern with all fixtures, furniture, and equipment (FF&E).
  • Two-bedroom, one-bathroom apartment above, ideal for owner occupancy or rental income.
  • Attached garage.
  • High traffic count: approximately 20,900 vehicles daily on W Layton Ave.
  • Close proximity to Milwaukee Mitchell International Airport (approx. 1.5 miles).

Property Details for 703 Layton Ave

Property type
Other retail properties, Retail properties
Square Feet
2,513 SF
Year Built
1929
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
42.9589901
Longitude
-87.9210473
703 Layton Ave, Milwaukee, Wisconsin

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703 Layton Ave
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