4842 W Lisbon Ave
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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
Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Number | 328-1211-000-3 | Improvements Assessment | £86,852 |
Land Assessment | £3,990 | Total Assessment | £90,842 |
PROPERTY TAXES
Parcel Number
328-1211-000-3
Land Assessment
£3,990
Improvements Assessment
£86,852
Total Assessment
£90,842
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4842 W Lisbon Ave
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