For Sale
$1,600,000

2907-2911 Oakland Ave Milwaukee, WI 53211

6,501 SF Restaurant, Ample Parking

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Milwaukee restaurant property, located at 2907-2911 N Oakland Ave, presents a lucrative investment opportunity. The 6,501 square foot building sits on a parcel with APN 3150307110 and is zoned LB2. The property boasts a substantial 2,956 square feet of net rentable space, currently occupied by an existing tenant, Cheba Hut, under a lease expiring March 31, 2026, with options for lease renewal. The lease includes provisions for three to five-year extensions upon providing one year's notice. A significant advantage is the availability of 19 onsite parking spaces, a rare find in this location. The property's strategic location near the University of Wisconsin-Milwaukee (UWM) and Riverside High School ensures high visibility and foot traffic. The asking price for this well-positioned restaurant property is $1,600,000. This presents a unique chance to acquire a thriving business in a desirable Milwaukee neighborhood with strong potential for future growth and returns. The property's size, parking, and location combine to create a compelling investment opportunity in a vibrant and growing area. The existing tenant provides immediate cash flow, while the lease terms offer flexibility for future development or management.

Highlights

  • Exceptional Milwaukee restaurant property at 2907-2911 N Oakland Ave, offering 2,956 SF of net rentable space.
  • Rare 19 onsite parking spaces.
  • Prime location near UWM and Riverside High School, ensuring high visibility and foot traffic.

Property Details for 2907-2911 Oakland Ave

Property type
Retail properties, Restaurants
Square Feet
6,501 SF

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0712778
Longitude
-87.8883282

FAQs

What type of property is this?
Retail property - 6,501 SF Restaurant, Ample Parking
Where is the retail property located?
The property is located at 2907-2911 Oakland Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Exceptional Milwaukee restaurant property at 2907-2911 N Oakland Ave, offering 2,956 SF of net rentable space.; Rare 19 onsite parking spaces.; Prime location near UWM and Riverside High School, ensuring high visibility and foot traffic.
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 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 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].
2907-2911 Oakland Ave
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