4337 Howell AveMilwaukee, WI 53207

Property Details for 4337 Howell Ave

Year built

1954

Lot size

0.38 AC

Property size (Sq ft)

4,353 SF

Zone code

LB2

Property type

Retail space

APN

595-9980-100

APU

5959980100

Description

This 4,353 square foot storefront, located at 4337 S Howell Ave in Milwaukee, Wisconsin, presents a unique owner-user opportunity. The property, built in 1954, sits on a 0.38-acre lot and boasts flexible LB-2 zoning, ideal for retail or light industrial uses. Currently 100% occupied, the single-story building offers a main storefront area and a separate +/- 2,440 square foot shop in the rear with 12-foot clear height and two drive-in doors. Additional fenced outdoor storage is available at the side and rear. The asking price is $489,900 ($112.54/sq ft). The property benefits from a high traffic count of 14,100 vehicles per day and enjoys close proximity to Milwaukee Mitchell International Airport. The existing business is also available for purchase, making this an exceptional opportunity for a seamless transition. The property's APN is 5959980100. This Class C building offers a single tenancy and is situated in Milwaukee County, Wisconsin, zip code 53207.

• CAP approach

  CAP return

  Valuation

  6%

  $1,155,399

  6.5%

  $1,066,522

  7%

  $990,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,113,665

  Geo Method

  $1,428,785

• Alternative Use

  Use

  Valuation

  Residential

  $899,651

  Hospitality

  $824,076

  Educational

  $685,622

  Medical

  $709,201

  Retail

  $1,066,522

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

42.9656

Longitude

-87.9102

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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