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4245 S Packard Ave

Saint Francis, WI 53235
  • $849,500
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 1788857
Price Reduced
UPDATED: 138 min ago
$849,500
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,608
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:
Area:

School Ratings & Info

Listing provided courtesy of Shorewest Realtors, Inc..

Description

Rare Investment Opportunity- Very visible commercial building with 6 oversized, multi-use units, just blocks from the lakefront in St. Francis! It has 4 retail spaces & 2 apartments with over 6,600 sq ft. in total. This property has a lot of potential for higher Cap Rate for an investment or business owner. Second level has 2 VERY large apartments, 4 Bedroom/2 Bath & 2 Bedroom/1 Bath, both occupied and each with in-unit laundry. Updates include: Newer Furnaces/Water heater & mechanical units in the past few years, garage roof (tear off) 3/22 & more. This property also includes customer parking in front and additional business owner/tenants parking in back with a 2.5 car detached garage. It is conveniently located to all amenities, expressway & lake. Please don't disturb current tenants!

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© 2022 MetroMLS - All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX United. Data last updated: 2022-05-28T23:52:19.687.
www.sellingmilwaukee.com/homes/127986635
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4245 S Packard Ave Saint Francis, WI 53235

  • Price: $849,500
  • Status: Active
  • On Site: 36 Days
  • Updated: 138 min ago
  • ID#: 1788857
0
Beds
0
Baths
0
½ Baths
0.33
Acres
6,608
SQFT
$129
$/SQFT
1962
Built
Neighborhood:
Milwaukee
County:
Milwaukee
Area:
Milwaukee
Property Description
Rare Investment Opportunity- Very visible commercial building with 6 oversized, multi-use units, just blocks from the lakefront in St. Francis! It has 4 retail spaces & 2 apartments with over 6,600 sq ft. in total. This property has a lot of potential for higher Cap Rate for an investment or business owner. Second level has 2 VERY large apartments, 4 Bedroom/2 Bath & 2 Bedroom/1 Bath, both occupied and each with in-unit laundry. Updates include: Newer Furnaces/Water heater & mechanical units in the past few years, garage roof (tear off) 3/22 & more. This property also includes customer parking in front and additional business owner/tenants parking in back with a 2.5 car detached garage. It is conveniently located to all amenities, expressway & lake. Please don't disturb current tenants!
Exterior Features

Exterior BrickPartial-AluminumPartial-BrickPartial-StoneSteelStone Location Business District Parking Spaces 10.00 Proximity To Highway 5-7 Miles Road Frontage High VisibilityPaved LotPaved RoadTown/City Road Roofing Composition Truck Door Height No Truck Door

Interior Features

Average Ceiling Height 8'-10' Basement BlockFull Heating Cooling Central AirForced AirIndiv. Heating UnitsNatural Gas Miscellaneous 220 Volt PowerFixturesLiving Space Avail.

Property Features

Commercial Type Office(S)OtherRetail Flood Plain No For Sale Or Lease For Sale Only Municipality City Sale Includes Real EstateRental Units Source Acreage Public Records Source Sq Ft Public Records Source Year Built Public Records Tax Year 2021 Taxes 11076.00 Type Commercial Type Of Business OtherRestaurantSalon/Barber Shop Water Waste Municipal SewerMunicipal Water Zoning Commercial

© 2022 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2022 MetroMLS - All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX United. Data last updated: 2022-05-28T23:52:19.687.
 
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RE/MAX United
W63N647 Washington Ave.
Cedarburg WI, 53012
Listing provided courtesy of Shorewest Realtors, Inc..