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270 E Highland Ave - The Blatz Offices

956 - 5,170 SF Units Offered at £157,800 - £631,583 Per Unit in Milwaukee, WI 53202

Property Facts

Price £157,800 - £631,583
Unit Size 956 - 5,170 SF
No. Units 4
Total Building Size 208,470 SF
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Number of Floors 6
Typical Floor Size 34,745 SF
Year Built 1901
Lot Size 0.81 AC
Parking Ratio 0.08/1,000 SF

4 Units Available

Unit A-E

Unit Size 5,170 SF
Price £631,583
Price Per SF £122.16
Unit Use Office/Retail
Sale Type Investment
Net Initial Yield 7.82%
NOI £49,389.82
No. Parking Spaces 14
Description

Suites A-E on 1st floor of building

Sale Notes

Fully-leased commercial condo package located in Milwaukee's Central Business District The commercial tenants have access to the numerous building amenities including the pool and fitness center. This package also includes 14 parking spaces that are rented to both commercial tenants and residential condo owners. The location, layout, and amenities cater to many types of small/medium tenants making for low historical vacancy, and the condominium structure allows for more passive ownership.

1st Floor
View Photo 1st Floor

Unit A-C

Unit Size 2,131 SF
Price £197,250
Price Per SF £92.56
Unit Use Office/Retail
Sale Type Investment
Net Initial Yield 14.40%
NOI £28,404.00
Description

Suites A-C on 1st floor. Current tenant is Chiropractic Company.

Sale Notes

Fully-leased commercial condo package located in Milwaukee's Central Business District The commercial tenants have access to the numerous building amenities including the pool and fitness center. This package also includes 14 parking spaces that are rented to both commercial tenants and residential condo owners. The location, layout, and amenities cater to many types of small/medium tenants making for low historical vacancy, and the condominium structure allows for more passive ownership.

1st Floor
View Photo 1st Floor

Unit D

Unit Size 956 SF
Price £157,800
Price Per SF £165.06
Unit Use Office
Sale Type Investment
Net Initial Yield 14.00%
NOI £22,092.00
Description

Suites A-C on 1st floor. Current tenant is Julio ITS.

Sale Notes

Fully-leased commercial condo package located in Milwaukee's Central Business District The commercial tenants have access to the numerous building amenities including the pool and fitness center. This package also includes 14 parking spaces that are rented to both commercial tenants and residential condo owners. The location, layout, and amenities cater to many types of small/medium tenants making for low historical vacancy, and the condominium structure allows for more passive ownership.

1st Floor
View Photo 1st Floor

Unit H

Unit Size 2,083 SF
Price £276,150
Price Per SF £132.57
Unit Use Office/Retail
Sale Type Investment
Net Initial Yield 13.89%
NOI £38,345.40
Description

Suites A-C on 1st floor. Current tenants include Enhance Yourself Beauty and Ma'Shyia Johnson.

Sale Notes

Fully-leased commercial condo package located in Milwaukee's Central Business District The commercial tenants have access to the numerous building amenities including the pool and fitness center. This package also includes 14 parking spaces that are rented to both commercial tenants and residential condo owners. The location, layout, and amenities cater to many types of small/medium tenants making for low historical vacancy, and the condominium structure allows for more passive ownership.

1st Floor
View Photo 1st Floor

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 161 - -
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Basement
  • Freezer

Site Amenities

  • 24 Hour Access
  • Concierge
  • Courtyard
  • Fitness Centre
  • Sauna
  • Roof Terrace
  • Pond

zoning

Zoning Code C9B(A)
C9B(A)
  • Listing ID: 33521832

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 270 E Highland Ave, Milwaukee, WI 53202

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