4629 Port Washington RdGlendale, WI 53212

  • Retail properties
  • 4,438 SF
For Sale
$1,000,000 View listing

Property Details for 4629 Port Washington Rd

Year built
2000
Lot size
0.39 AC
Property size (Sq ft)
4,438 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
233-1000-004
APU
2331000004

Description

This exceptional Class A commercial property, located at 4629 N. Port Washington Rd., Glendale, WI 53212, presents a unique investment opportunity. The 4,438 square foot building, constructed in 1999/2000, sits on a 0.39-acre lot and boasts excellent street visibility on a high-traffic road with convenient freeway access. Currently 100% occupied, the building offers diverse potential uses including office space, medical/dental facilities, retail, and even a brewery. The first floor features ADA-accessible bathrooms, 7-foot ceilings, and a state-of-the-art ANSUL Fire Suppression system with new sprinklers and a fire/alarm monitoring system. The second floor comprises four offices, one with an ensuite bath and shower, and a shared ADA-accessible bathroom. All second-floor offices are currently leased. The lower level, with a 10-foot ceiling height, is ready for build-out and has provisions for two bathrooms. The building includes a Schindler elevator, ensuring ADA accessibility throughout. Note that this sale includes only the building

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,177,960
    6.5%
    $1,087,348
    7%
    $1,009,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,135,411
    Geo Method
    $1,456,685
  • Alternative Use

    Use
    Valuation
    Residential
    $917,219
    Hospitality
    $840,167
    Educational
    $699,009
    Medical
    $723,049
    Retail
    $1,087,348
4629 Port Washington Rd, Glendale, Wisconsin

Location Insight

City
Glendale
County
Milwaukee
State
Wisconsin
Latitude
43.1003
Longitude
-87.9174
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
$22,893
$169,300
$694,400
$863,700
-
-
-
$1,041,100

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