1603 S 81st St
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1603 S 81st St
15,000 SF Retail Building West Allis, WI 53214 $474,900 ($32/SF)
Investment Highlights
- Easy Freeway Access
- Close proximity to shopping, restaurants and more
- Minutes to Downtown Milwaukee
- Excelled Redevelopment Opportunity
Executive Summary
Incredible opportunity! Over 15,000 square foot brick building in a great location for a business. City will allow you to build on those lots and is open to working with new owners and has potential build out loan funds. Walking distance to State Fair, restaurants, shopping, public transportation, and easy highway access. Large property has 3 garage bays, newer windows, and replaced boards throughout. Two additional parking lots are included within the sale of the property giving lots of parking/income potential. Perfect for multi-family or condo development, or anything else.
Desirable Corner Lot Zoned C2 Ft. 3 Lots
Tax Key 452-0327-001 includes building with loading dock and .65 acre
Tak Key 452-0506-000 includes .117acre parking lot
Tax Key 452-0314-000 includes .165acre parking lot
Desirable Corner Lot Zoned C2 Ft. 3 Lots
Tax Key 452-0327-001 includes building with loading dock and .65 acre
Tak Key 452-0506-000 includes .117acre parking lot
Tax Key 452-0314-000 includes .165acre parking lot
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1924/2013
Price
$474,900
Price Per SF
$32
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.48 AC
Zoning
C-2 & RB-2 - Commercial and multifamily
Parking
23 Spaces (1.53 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $383,700 | |
| Land Assessment | $177,700 | Total Assessment | $605,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$177,700
Improvements Assessment
$383,700
Total Assessment
$605,200
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1603 S 81st St
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