4926 North AveMilwaukee, WI 53208

For Sale
$525,000

Prime Milwaukee location, 8,627 SF, $525,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 4926 W North Ave in Milwaukee, Wisconsin, presents a rare opportunity. The 0.33-acre lot houses two buildings totaling 8,627 square feet, zoned for Local Business District (LB2). The main building offers 6,752 square feet of former automotive space, complete with five automotive lifts and five unit heaters, ideal for a variety of uses. An adjacent 1,875-square-foot retail space is currently occupied under a month-to-month lease by a nail salon. The property also includes a basement. The asking price is $525,000 ($60.86/sq ft), with a current lease rate of $5,000 per month (NNN). 2023 real estate taxes were $8,094.43 (Tax Key: 32815070000). This property offers significant potential for investors and entrepreneurs seeking a versatile space in a high-traffic commercial corridor. The property's location on W. North Ave provides excellent visibility and accessibility. This is a unique opportunity to acquire a well-situated commercial property with existing infrastructure and income potential.

Highlights

  • Asking Price: $525,000 ($60.86/sq ft).
  • Lease Rate: $5,000/month NNN.
  • Lot Size: 0.33 acres.
  • Building Size: 8,627 square feet (6,752 SF main building + 1,875 SF retail space).
  • Zoning: Local Business District (LB2).
  • 2023 Real Estate Taxes: $8,094.43 (Tax Key: 32815070000).

Property Details for 4926 North Ave

Property type
Other retail properties, Automotive properties
Square Feet
8,627 SF
Buildings
2
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.060640715599
Longitude
-87.975643051781
4926 North Ave, Milwaukee, Wisconsin

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4926 North Ave
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