729 Historic Mitchell StMilwaukee, WI 53204
- Mixed-use properties
- 6,464 SF
Property Details for 729 Historic Mitchell St
- Year built
- 1890
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 6,464 SF
- Zone code
- LB2
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 461-0542-000
- APU
- 4610542000
Description
This exceptional 3,232 square foot retail space, located at 729 W Historic Mitchell St in Milwaukee, Wisconsin, presents a unique investment opportunity. Built in 1890, the property boasts a rich history and is zoned for commercial use within Milwaukee County. The single-tenant building is currently vacant, offering immediate occupancy for a discerning buyer. Ideal for a cafe or storefront operation, the space provides ample room for a variety of businesses. The property's prime location on Historic Mitchell Street offers high visibility and accessibility, ensuring significant foot traffic and potential customer reach. The building's substantial size allows for creative layout options to suit diverse business needs. With its blend of historical charm and modern commercial viability, this property represents a rare chance to establish a thriving business in a vibrant Milwaukee neighborhood. The 53204 zip code offers convenient access to major transportation routes and a diverse customer base. This is a single-tenant building, offering a streamlined and efficient operational structure. The property's size and location make it an attractive proposition for a variety of retail or restaurant concepts. The building's age adds character and potential for unique branding opportunities. Serious inquiries are encouraged to explore this exciting opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,167,152
- 6.5%
- $1,077,371
- 7%
- $1,000,416
-
Comparable approach
- Method
- Valuation
- Relative Method
- $656,246
- Geo Method
- $841,936
-
Alternative Use
- Use
- Valuation
- Residential
- $1,335,940
- Hospitality
- $1,223,714
- Educational
- $1,018,116
- Medical
- $1,053,130
- Retail
- $1,583,735
Location Insight
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Latitude
- 43.0121
- Longitude
- -87.9209
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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