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305 N 305 North Chicago Ave
South Milwaukee, WI 53172

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Health Club
Building Size
40,446 SF
Building Class
B
Year Built/Renovated
1961/2024
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.13
Lot Size
7.24 AC
Zoning
M-2
Parking
200 Spaces (4.94 Spaces per 1,000 SF Leased)

About 305 N 305 North Chicago Ave , South Milwaukee, WI 53172

Property tours are available by appointment ONLY. Please contact Rand Wolf (414-203-3036 or rwolf@boerke.com) or Kevin Riordan (414-203-3022 or kriordan@boerke.com) to schedule. Investment Highlights ñ40,446 SF vacant former bowling alley in South Milwaukee, WI Redevelopment oppoturnity on a ñ7.24-acre parcel of land Located N Chicago Avenue, which sees ñ14,700 VPD Abundant parking with ñ200 surface spaces Easily accessible from both I-41 and I-94 Investment Overview 305 N Chicago Avenue (the "Property") is a vacant commercial building totaling ñ40,446 SF in South Milwaukee, Wisconsin. The Property is a vacant former bowling alley situated on a ñ7.24-acre land parcel. It features masonry construction, 15' clear heights, and a paved parking lot with approximately ñ200 surface spaces. The Property is situated on the east side of N Chicago Avenue, between Badger Avenue and Carrington Avenue, which sees approximately 14,700 VPD. It offers investors the opportunity to acquire a sizeable property with significant upside potential through redevelopment. The Property is located in the city of South Milwaukee, in Milwaukee County, Wisconsin. A suburb of the City of Milwauke A suburb of the City of Milwaukee (ñ10 miles south), its population was ñ21,156 as of the 2010 census. 305 N Chicago Avenue is conveniently located near two major highways, I-41 and I-94, which are both ñ4 miles to the west. Ideally situated in the center of the Upper Midwest, along the western shore of Lake Michigan, the Greater Milwaukee Area offerseasy access to national and international markets. The Southeast Wisconsin area has a well-deserved reputation for productivity. The Milwaukee Metro area spans more than 1,500 square miles and is home to nearly 1.6 million residents, making it the 39th most populated area in the United States. In addition, more than66 million people and one-third of the United States' manufacturing output is located within 600 miles of the city, which is connected by land, rail, water and air to markets throughout the world. The Port of Milwaukee, which provides access to the eastern seaboard and the Gulf of Mexico, has helped Wisconsin maintain an export growth rate twice the national average.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
724-0006-000
Land Assessment
$504,600
Improvements Assessment
$825,500
Total Assessment
$1,330,100
  • Listing ID: 3726649

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 305 N 305 North Chicago Ave, South Milwaukee, WI 53172

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