For Sale
$1,000,000

3000 13Th StMilwaukee, WI 53215

High-Yield Retail Property, 8,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional value-add opportunity presents a three-unit mixed-use storefront at 3000 South 13th Street in Milwaukee, Wisconsin. The property boasts a substantial 8,800 square feet of net rentable space, spread across three stories within a single, 1895-built building. Currently generating a net operating income (NOI) of $35,000, this property offers significant upside potential for investors. Located on a 0.13-acre lot (APN 507-1233-000), the building is classified as Class B and benefits from LB40 permitted zoning. The property's prime location along a main street corridor provides excellent visibility and accessibility for tenants. The flexible layout allows for diverse tenant occupancy strategies, making it an ideal investment for those seeking a hands-on approach to property management and enhancement. The asking price is $1,000,000, representing a compelling entry point into the Milwaukee commercial real estate market. This unique opportunity is perfect for an investor looking to add value and increase profitability through strategic renovations and tenant improvements. The property's historical character combined with its modern potential makes it a truly remarkable investment prospect.

Highlights

  • High-traffic Main Street location.
  • Excellent visibility and signage opportunities.
  • Strong tenant mix with established businesses.
  • High pedestrian and vehicular traffic counts.
  • Proximity to key amenities and public transportation.

Property Details for 3000 13Th St

Property type
Retail properties, Mixed-use properties
Square Feet
8,800 SF
Class
B
Year Built
1895
Buildings
1
Stories
3
Lot Size (sq. ft)
5,663 SF
Units
3

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
42.989982
Longitude
-87.928403
3000 13Th St, Milwaukee, Wisconsin

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3000 13Th St
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