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$975,000
Est. payment /mo
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant/Supper Club,Tavern/Bar
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $390
MLS Listing ID 1965010
Year Built 1970
Annual Tax Amount $11,048
Tax Year 2026
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Restaurant/Supper Club,Tavern/Bar
Property Description
Prime land opportunity -- 6 total lots (3 on Layton, 3 on Price St) with a 50-car parking lot on the 2nd busiest street in Milwaukee County with direct off-ramp access. The bar & restaurant on site is fully equipped and operational, adding immediate income potential. Upgrades include roof, AC, furnace, grease trap system & remodeled bathrooms. All equipment included. Upstairs MTM tenant. No permit required for outdoor porch dining. 2 city-sanctioned events/year. 3/4 mile to Lake Michigan, near Grant Park & golf course. Redevelopment potential is the story here, the bar and restaurant are a plus.
Location
State WI
County Milwaukee
Zoning B-2
Rooms
Basement Brick, Full
Interior
Heating Natural Gas
Cooling Central Air
Inclusions All bar & restaurant equipment, kitchen equipment, security system, grease trap system. All fixtures and equipment on premises at time of closing convey.
Exterior
Exterior Feature Wood
Garage Spaces 50.0
Parking On Site 50
Roof Type Rubber/Membrane
Building
Story 2
Sewer Municipal Sewer, Municipal Water
New Construction N
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