13327 Greenfield AveNew Berlin, WI 53151

  • Commercial real estate
  • 3,224 SF
For Sale
$350,000 View listing

Property Details for 13327 Greenfield Ave

Year built
1900
Lot size
0.76 AC
Property size (Sq ft)
3,224 SF
Zone code
B2
Property type
Commercial real estate
APN
NBC 1154004
APU
NBC1154004

Description

This exceptional 3,168 square foot, two-story building located at 13327 W Greenfield Ave, New Berlin, WI 53151, presents a unique investment opportunity. Originally a dairy barn, this property has been transformed into a thriving bar, boasting an 8'x10' walk-in cooler with tap hookups, a utility room, and a prep/storage area on the main level. The second floor offers a blank canvas for creative development, whether it be additional retail space, office space, professional suites, or apartments. Substantial structural repairs, including a new trust floor system, have been completed. The property sits on a 0.763-acre lot and benefits from a highly desirable B2 zoning designation, allowing for a wide range of uses. With a daily traffic count of 16,000 vehicles on the adjacent highway, this location offers unparalleled visibility and accessibility. The asking price is $350,000 ($110.48/sq ft), and the property is offered fee simple, making it eligible for a 1031 exchange. This is a rare chance to acquire a piece of New Berlin history with significant upside potential. The property includes two units and was built in 1900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $666,317
    Hospitality
    $610,342
    Educational
    $507,798
    Medical
    $525,262
    Retail
    $789,908

Location Insight

City
New Berlin
County
Waukesha
State
Wisconsin
Latitude
43.0161
Longitude
-88.0793
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,468
$197,800
$82,600
$280,400
-
-
-
$324,600

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