425 E Broadway
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425 E Broadway
4,000 SF 100% Leased Office Building Waukesha, WI 53186 £480,099 (£120/SF)
Investment Highlights
- Heavy foot traffic
- Near public transit
- Close to a local University
Executive Summary
Completely renovated mixed use property with lots of possibilities. The main level includes a large commercial space at the front of the building, currently used as offices. There is a 2 bedroom apartment with updated kitchen and bath with separate entrance at the back of building as well as shared entrance with the commercial unit. The 2nd level features a large 4 bedroom apartment with huge flex room, updated kitchen, bathroom and private entrance. All mechanicals have been updated, including 3 furnaces and A/C units. Building was structurally reinforced to add additional stories. All 3 units are currently leased to spring 2025 and bring in $5000/mth in rents. Great opportunity for passive investors looking for cash flow or an owner occupant who needs a space for their business. Fully occupied, please allow at least 24 hour notice for showings
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
1875
Price
£480,099
Price Per SF
£120
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,000 SF
Building FAR
0.46
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
B-3
Parking
8 Spaces (2 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Walk Score®
Very Walkable (82)
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425 E Broadway
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