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4245 S Packard Ave

Saint Francis, WI 53235
  • $575,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 1818399
Price Reduced
UPDATED: 69 min ago
$575,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,608
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:
Area:

School Ratings & Info

Listing provided courtesy of Shorewest Realtors, Inc.: (262) 437-5807.

Description

GREAT Investment Opportunity-High 9.94 cap rate & just blocks from the LAKEFRONT in St. Francis!!! Very visible, oversized, 7 unit multi-use commercial building (currently used as 6). It has 4 retail spaces & 2 apartments w/ over 6,600 sq ft. in total. This property has a lot of potential for an investment or business owner. 2nd level has 2 VERY large apartments, 3 Bedrm/2 Bath & 2 Bedrm/1 Bath, both occupied & 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 & additional business owner/tenants parking in back w/ a 2.5 car det. 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 Keller Williams Realty - Milwaukee Southwest. Data last updated: 2022-12-04T15:52:19.113.
www.milwaukeeforeverhome.com/homes/134826750
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4245 S Packard Ave Saint Francis, WI 53235

  • Price: $575,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 69 min ago
  • ID#: 1818399
0
Beds
0
Baths
0
½ Baths
0.33
Acres
6,608
SQFT
$87
$/SQFT
1962
Built
Neighborhood:
Milwaukee
County:
Milwaukee
Area:
Milwaukee
Property Description
GREAT Investment Opportunity-High 9.94 cap rate & just blocks from the LAKEFRONT in St. Francis!!! Very visible, oversized, 7 unit multi-use commercial building (currently used as 6). It has 4 retail spaces & 2 apartments w/ over 6,600 sq ft. in total. This property has a lot of potential for an investment or business owner. 2nd level has 2 VERY large apartments, 3 Bedrm/2 Bath & 2 Bedrm/1 Bath, both occupied & 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 & additional business owner/tenants parking in back w/ a 2.5 car det. 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 Lot Size .33 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 Business 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 Keller Williams Realty - Milwaukee Southwest. Data last updated: 2022-12-04T15:52:19.113.
 
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Keller Williams Realty - Milwaukee Southwest
3830 S. Moorland Road, Suite C
New Berlin WI, 53151
Listing provided courtesy of Shorewest Realtors, Inc.: (262) 437-5807.