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Fully leased 4-unit commercial building on Milwaukee's S. Cesar E. Chavez Dr corridor with $42,485 in-place NOI. 1308 S Cesar E Chavez Dr, Milwaukee, WI 53204 is a free-standing 2-story, 7,882 sq ft brick building built in 1936, zoned LB2, with three tenants on NNN leases and individually metered units. Anchor tenant Verizon (Total Wireless) leases a 2,100 sq ft suite through June 2029 with annual rent steps. Per seller, pro forma NOI rises to $46,085 after the pending lower-level lease renewal, on a $500,000 asking price. Roof replaced in 2017 with a partial rubber roof in October 2025; upper-level HVAC updated in 2026. Includes 3 rear parking spaces and a vacant lot behind the building with room to expand. All tenants current on rent.
| LAST UPDATED | 10/7/2026 | YEAR BUILT | 1936 |
|---|---|---|---|
| COUNTY | Milwaukee | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| INTERIOR | Office(s) |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 0.09 |
| SEWER | Public Sewer |
| TAXES | 10942.2 |
| WATER | Public |
| ZONING | LB2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Forward Realty Partners
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