For Sale
$800,000

707 Brady StMilwaukee, WI 53202

Milwaukee Investment Opportunity: 3 Units, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This three-unit mixed-use building, located at 707 E Brady Street in Milwaukee, Wisconsin, presents a compelling investment opportunity. The property boasts 4,952 square feet on a 0.69-acre lot and features a well-established restaurant on the ground floor and two residential units above. Built in 1890, this three-story building is situated in a vibrant neighborhood, minutes from downtown, MSOE, the University of Wisconsin-Milwaukee, and the lakefront, ensuring high occupancy rates and strong rental demand. The current asking price is $800,000, offering a 7.28% capitalization rate. Recent upgrades, including a new water heater and modern refrigeration systems installed in 2023, minimize immediate maintenance needs. The residential units are currently rented below market rates, presenting a significant opportunity for rental income growth. This property's combination of a stable commercial tenant and high-potential residential units makes it an ideal investment for those seeking immediate cash flow and long-term appreciation in a thriving Milwaukee location. The property's prime location within a dynamic neighborhood with diverse dining and nightlife options ensures consistent tenant demand. This is a rare opportunity to acquire a mixed-use building with strong community ties and significant upside potential in a rapidly growing area of Milwaukee, Wisconsin, zip code 53202.

Property Details for 707 Brady St

Property type
Retail properties, Mixed-use properties
Square Feet
4,952 SF
Year Built
1890
Buildings
1
Stories
3
Lot Size (sq. ft)
30,056 SF
Units
3

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0528087
Longitude
-87.9030989
707 Brady St, Milwaukee, Wisconsin

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
707 Brady St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message