Mixed-Use Capitol Dr Standalone | 2007 W Capitol Dr
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Mixed-Use Capitol Dr Standalone 2007 W Capitol Dr
2,474 SF 100% Leased Retail Building Milwaukee, WI 53206 $275,000 ($111/SF)
Investment Highlights
- New roof (march 2023), upstairs windows (2022), furnace for upstairs (2019), and chimney flashing.
- Commercial space rented at $1000MTM
- Updated two bedroom apartment
Executive Summary
Spacious brick mixed use commercial building with established tenant in the main floor commercial unit and turn-key large apartment upstairs ready for owner occupancy or rent. New roof (march 2023), upstairs windows (2022), furnace for upstairs (2019), and chimney flashing. Main floor features front office, lobby, half bath, private office, and 2 more rooms. Upstairs apartment has updated eat-in kitchen with newer cabinets and countertops, living room with fireplace, full bath, and two big bedrooms. Forced air with central air upstairs and boiler heat for commercial unit. Full basement with sump pump, circuit panels, and bonus office. 1 car brick detached garage with newer door and EDO. Quality place with a wide variety of usages in a convenient and visible corridor, call today!
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,474 SF
Year Built/Renovated
1950/2023
Price
$275,000
Price Per SF
$111
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.57
Land Acres
0.10 AC
Opportunity Zone
Yes
Zoning
LB2 - Light Business
Parking
1 Space (0.4 Spaces per 1,000 SF Leased)
Frontage
60 FT on Capitol Dr
Amenities
- Bus Line
-
Justin Ippoliti -
Shorewest Realtors
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Mixed-Use Capitol Dr Standalone | 2007 W Capitol Dr
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