$918,000
$1,399,000
34.4%For more information regarding the value of a property, please contact us for a free consultation.
25,224 SqFt
SOLD DATE : 03/31/2021
Key Details
Sold Price $918,000
Property Type Commercial
Sub Type Recreation/Health Club,Retail,Special Purpose,Other,Tavern/Bar
Listing Status Sold
Purchase Type For Sale
Square Footage 25,224 sqft
Price per Sqft $36
MLS Listing ID 1707369
Sold Date 03/31/21
Year Built 2008
Annual Tax Amount $37,425
Tax Year 2020
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Recreation/Health Club,Retail,Special Purpose,Other,Tavern/Bar
Property Description
Most Milwaukeeans will remember the Fruit Ranch. Now it's a stylish commercial building built in 2008 and fully rented to 3 established and thriving commercial tenants, on yearly leases. Being so new and in such great shape, this would be an excellent income-producing property for your portfolio. Total monthly income of $13,000. Owner pays for water & sewer, tenants pay gas & electric. Building has a total of 10,683 square feet divided into 3 commercial spaces. Street parking for 2 of the tenants and a paved lot with 62 spaces for the 3rd tenant. The middle tenant has a tall garage door, and all tenants have 2-3 entrances. Long-time owner is retiring and offers this opportunity for sale. ADDRESS ON BUILDING IS 4610
Location
State WI
County Milwaukee
Zoning Commercial
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 62.0
Parking On Site 62
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 WIREX - All Rights Reserved
Bought with Keller Williams Realty-Milwaukee North Shore