9004 Lincoln AveWest Allis, WI 53227

Property Details for 9004 Lincoln Ave

Lot size

0.43 AC

Property type

Other commercial real estate

APN

478-0309-001

APU

4780309001

Description

This exceptional 18,306-square-foot medical office building, located at 9004 W. Lincoln Avenue in West Allis, Wisconsin, presents a compelling investment opportunity. The Class B building, constructed in 1975, features two stories and sits on a 0.43-acre lot. The property boasts 36 parking spaces and is zoned C-2 Neighborhood Commercial District. The asking price is $1,225,000, translating to $66.92 per square foot. The building is currently multi-tenant and operates under a NNN lease type. Its prime location offers significant advantages, including proximity to major transportation arteries: within 1.5 miles of I-894/41 and 2 miles of I-94. The building benefits from high visibility, situated directly across from Aurora West Allis Medical Center and near various retail amenities. A corner location with a controlled intersection and a bus stop further enhances accessibility. High traffic counts of 13,800 vehicles per day are expected to pass the building's exterior signage. The seller is open to a lease-back agreement for a portion of the building for a 36-month period, providing a potential income stream for the buyer. The property's APN is 4780309001. This is a rare opportunity to acquire a well-positioned medical office building in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $3,880,096

  Hospitality

  $3,554,147

  Educational

  $2,957,008

  Medical

  $3,058,704

  Retail

  $4,599,791

Location Insight

City

West Allis

County

Milwaukee

State

Wisconsin

Latitude

43.003

Longitude

-88.0252

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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