7754 Harwood AveWauwatosa, WI 53213

For Sale
$1,400,000 View listing
  • Commercial real estate
  • 16,376 SF

Property Details for 7754 Harwood Ave

Year built
1924
Lot size
0.61 AC
Property size (Sq ft)
16,376 SF
Zone code
C1
Property type
Commercial real estate
APN
371-0136-01
APU
371013601

Description

This exceptional commercial property at 7754 Harwood Ave, Wauwatosa, WI 53213, presents a unique investment opportunity. The existing 5,000 square foot building, zoned Neighborhood/Village Trade (C1), currently operates as a restaurant and includes a fully equipped commercial kitchen and bar. The two-story structure sits on a 0.32-acre lot and offers significant potential for redevelopment. Ample parking is conveniently located in an adjacent large city lot. The property's prime location offers close proximity to the Wauwatosa Village Farmers Market and downtown Wauwatosa, ensuring high visibility and accessibility. This thriving community provides a strong foundation for continued success. An attractive feature is the option to purchase an adjacent 0.31-acre parcel at 7762 Harwood Ave, expanding the total land area to 0.63 acres for a larger-scale redevelopment project. The combined 0.62 acres offer substantial potential for various commercial ventures. The asking price for this remarkable property is $1,400,000. This presents a rare chance to acquire a well-situated restaurant with significant expansion possibilities in a vibrant Wisconsin community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,384,492
    Hospitality
    $3,100,176
    Educational
    $2,579,310
    Medical
    $2,668,017
    Retail
    $4,012,260
7754 Harwood Ave, Wauwatosa, Wisconsin

Location Insight

City
Wauwatosa
County
Milwaukee
State
Wisconsin
Latitude
43.0489
Longitude
-88.0098
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
2022
$11,631
$509,400
$27,000
$536,400
-
-
-
$635,700

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