823 2Nd StMilwaukee, WI 53203

Property Details for 823 2Nd St

Year built

1912

Lot size

0.35 AC

Property size (Sq ft)

150,000 SF

Zone code

C9E

Property type

Apartment buildings

APN

361-0622-000

APU

3610622000

Description

This exceptional retail space, located at 823 N 2nd Street in Milwaukee, Wisconsin, presents a unique opportunity for a discerning tenant. The property boasts a total of 4,200 square feet, all currently vacant and ready for immediate occupancy. Built in 1912, the building offers a blend of historical charm and modern adaptability, perfect for a business seeking a distinctive presence in a vibrant urban setting. The single-tenant occupancy ensures complete control and flexibility for the lessee. The storefront location on N 2nd Street provides excellent visibility and accessibility, placing your business within easy reach of a bustling Milwaukee neighborhood. The property's 4,200 square feet provide ample space for a variety of retail concepts, allowing for creative design and layout to suit your specific needs. The zip code is 53203. This is a rare chance to secure a prominent retail space in a highly desirable Milwaukee location. The property is classified as a storefront retail space. The building's historical character adds to its unique appeal, offering a distinctive setting for your business. This is a single-tenant property, providing a private and controlled environment. Don't miss this chance to establish your business in this prime Milwaukee location.

• CAP approach

  CAP return

  Valuation

  6%

  $33,584,508

  6.5%

  $31,001,084

  7%

  $28,786,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,604,140

  Geo Method

  $30,283,124

• Alternative Use

  Use

  Valuation

  Residential

  $31,001,084

  Hospitality

  $28,396,826

  Educational

  $23,625,826

  Medical

  $24,438,354

  Retail

  $36,751,284

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0407

Longitude

-87.9134

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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