329 Stewart StMilwaukee, WI 53207

Property Details for 329 Stewart St

Year built

2000

Lot size

0.26 AC

Zone code

IL2

Property type

Parking lots & garages

APN

466-1112-100

APU

4661112100

Description

This exceptional Milwaukee property, located at 329 & 339 E Stewart Street, presents a unique investment opportunity. The 17,195 square foot building boasts a blend of executive office and warehouse space, ideal for a variety of uses. Situated on a 0.668-acre lot in the vibrant Bay View neighborhood, this property offers convenient access to downtown Milwaukee. The building features two dock-high doors, facilitating efficient loading and unloading. High ceilings, measuring 13.5 feet, provide ample vertical space for storage or specialized equipment. The well-maintained Cream City brick structures contribute to the property's distinctive character and charm. Currently vacant, this Class B property is zoned IL2-Industrial, offering flexibility for various business ventures. The asking price is $1,150,000, translating to $67.25 per square foot. Parcel numbers are 4661123000 and 4661112100. This property's unique design and prime location make it an attractive investment for discerning buyers seeking a versatile and well-positioned asset in a thriving Milwaukee neighborhood. The combination of office and warehouse space, coupled with its convenient location and attractive features, presents a compelling opportunity for significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,987,634

  6.5%

  $2,757,816

  7%

  $2,560,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,879,717

  Geo Method

  $3,694,557

• Alternative Use

  Use

  Valuation

  Residential

  $2,326,321

  Hospitality

  $2,130,898

  Educational

  $1,772,882

  Medical

  $1,833,854

  Retail

  $2,757,816

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0073

Longitude

-87.9066

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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