2501 35Th StMilwaukee, WI 53210

Property Details for 2501 35Th St

Year built

1905

Lot size

0.10 AC

Property size (Sq ft)

2,564 SF

Zone code

LB2

Property type

Investment properties

Property subtype

Live-work space

APN

327-0344-000

APU

3270344000

Description

This exceptional commercial property located at 2501 N 35th STREET in Milwaukee, Wisconsin, presents a unique investment opportunity. The building boasts 2,564 square feet of versatile commercial space, ideal for a variety of businesses. Constructed of durable brick, the building is situated on a 0.1-acre lot, offering significant potential. A key feature is the spacious four-bedroom apartment located on the upper level, providing additional income potential or housing for business owners. The property also includes an adjacent vacant lot, which could be developed into valuable additional parking, significantly enhancing the property's appeal and functionality. The building's corner location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic. Priced competitively at $119,900, this property offers a compelling return on investment. The combination of commercial space, residential apartment, and the potential for parking expansion makes this a truly versatile and attractive opportunity for savvy investors and entrepreneurs. Don't miss this chance to acquire a well-located, multi-use property in a thriving Milwaukee neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $533,158

  6.5%

  $492,146

  7%

  $456,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $265,512

  Geo Method

  $340,640

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $983,988

  Retail / Commercial

  $498,622

  Hospitality / Lodging

  $354,954

  Office

  $484,328

  Institutional / Educational

  $509,954

  Residential Income

  $596,646

  Multifamily

  $741,632

  Automotive / Energy

  $437,103

  Parking / Income-Based Land

  $155,481

  Restaurant / Food Service

  $245,941

  Healthcare / Senior Housing

  $509,504

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0645

Longitude

-87.9577

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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