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6340 Howell AveOak Creek, WI 53154

Prime Retail Land, Multiple Suites Available

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial real estate offering presents a unique opportunity in Oak Creek, Wisconsin. The property encompasses a substantial 8.43 to 10 acres of land, zoned M-1; B-4; and PUD, providing significant flexibility for development. The existing retail structure totals 75,000 square feet and is divided into three separate suites, currently available for lease. The site boasts a high-traffic location at the intersection of College Avenue and Howell Avenue, with a combined daily vehicle count of 42,300 (23,600 on Howell Avenue and 18,700 on College Avenue). Its proximity to I-94 and General Mitchell International Airport (1.4 miles) further enhances its accessibility and desirability. Build-to-suit options are available, catering to specific tenant requirements. The property also benefits from the potential for Tax Incremental Financing (TIF) through the existing TID #10, offering attractive financial incentives. The favorable property tax environment, with a mill rate of $16.25 per assessed value, adds to the investment appeal. Individual site purchases are possible, and the property's zoning allows for a variety of development scenarios. Site 1, for example, could accommodate a building up to 200 feet deep and 112,000 square feet. This is an ideal opportunity for developers and businesses seeking a prime location with significant development potential. The property's multiple APNs are 7199012000 & 7199995000; 7199007000; and 7199987002 & 7199986000, located within Milwaukee County.

Highlights

  • 75,000 SF retail property with three suites available for lease in Oak Creek, Milwaukee County.
  • Located at the intersection of College Avenue & Howell Avenue, with high traffic counts (23,600 VPD and 18,700 VPD).
  • 1.4 miles from I-94 and General Mitchell International Airport.
  • Build-to-suit options available.
  • Potential for Tax Incremental Financing (TIF) through TID #10.
  • Favorable property tax environment with a mill rate of $16.25 per assessed value.

Property Details for 6340 Howell Ave

Property type
Retail properties, Land
RSF (Rentable sq. ft)
75,000 SF

Unit(s) available at that property

Space
Available Space 1
Size
0 SF
Space
Available Space 2
Size
0 SF
Space
Available Space 3
Size
0 SF

Location Insight

City
Oak Creek
County
Milwaukee
State
Wisconsin
Latitude
42.929099
Longitude
-87.9096859
6340 Howell Ave, Oak Creek, Wisconsin

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6340 Howell Ave
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