5321 Green Tree RdMilwaukee, WI 53223

Property Details for 5321 Green Tree Rd

Year built

1928

Lot size

0.35 AC

Property size (Sq ft)

2,382 SF

Zone code

LB1

Property type

Bars

Property subtype

Pubs

APN

139-9882-110

APU

1399882110

Description

This thriving Milwaukee bar and grill, located in the Graceland neighborhood at 5321 W Green Tree Road, presents a unique investment opportunity. The sale includes the building (2,382 square feet) and the established business, complete with all inventory, furniture, fixtures, appliances, and security cameras. The property sits on a sizable 0.35-acre lot and boasts numerous recent upgrades, including a new roof, select windows, furnaces, and water heaters. The interior features ample space for entertainment, with pool tables, dartboards, and video games. Upstairs, living quarters offer additional potential. Extensive outdoor renovations have created a fantastic entertainment area, featuring a new fence, concrete patio, a stage, outdoor seating, and private cabanas. This expansive backyard provides ample space for summer gatherings. Convenient private parking is located to the west of the building. This turnkey operation is ready for a new owner to continue its success. The property's prime location and recent improvements make it an attractive investment for those seeking a profitable and established business. The sale includes all necessary licenses.

• CAP approach

  CAP return

  Valuation

  6%

  $632,245

  6.5%

  $583,610

  7%

  $541,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $609,407

  Geo Method

  $781,844

• Alternative Use

  Use

  Valuation

  Residential

  $492,297

  Hospitality

  $450,942

  Educational

  $375,178

  Medical

  $388,081

  Retail

  $583,610

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.141

Longitude

-87.9789

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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