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4842 W Lisbon Ave

1,642 SF Retail Building Milwaukee, WI 53210 £352,103 (£214/SF) 8.43% Net Initial Yield

Investment Highlights

  • Income producing property; cashflow on day 1
  • High-visibility location on a local retail corridor
  • Recent renovations and newer mechanicals, plumbing, electrical, and windows

Executive Summary

Unique opportunity to own this 3-unit building in Milwaukee’s Uptown neighborhood. Featuring two fully leased apartment units upstairs and a leased commercial space on the main level, this property makes an excellent investment in a developing neighborhood.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,642 SF
Building Class
C
Year Built
1924
Price
£352,103
Price Per SF
£214
Net Initial Yield
8.43%
NOI
£29,674
Tenancy
Single
Number of Floors
2
Building FAR
0.56
Land Acres
0.07 AC
Zoning
LB2 - Local commercial
Parking
4 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
87 ft on N 49th St
Walk Score ®
Very Walkable (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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
328-1211-000-3
Land Assessment
£3,990
Improvements Assessment
£86,852
Total Assessment
£90,842
  • Listing ID: 33644286

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 4842 W Lisbon Ave, Milwaukee, WI 53210

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