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Priced under assessment! Room for rental growth! 6 of 8 spaces are leased, and the street-level commercial tenant is locked in through July 2029, with annual rent increases. One studio remains to lease: at its $550 asking rent, scheduled gross climbs from $62,760 to $69,360 per year, for a projected 11.2 cap rate. Unit 2220-3 is sold as-is, so a buyer who finishes it adds another $8,340 a year in potential rent. The heavy lifting is done: new rubber roof with a transferable warranty and about $31,000 in recent improvements. Bus line at the door and 7,400 cars a day passing the storefront. A full offering memorandum with rent roll, lease summary and pro forma is available!
| LAST UPDATED | 10/23/2026 | YEAR BUILT | 1928 |
|---|---|---|---|
| COUNTY | Milwaukee | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| BASEMENT | Block, Full, Yes |
|---|---|
| CONSTRUCTION | Brick |
| INTERIOR | Display Window, Handicap Equipped, Office(s) |
| LOT | 8276 sq ft |
| LOT DIMENSIONS | 0.19 |
| SEWER | Public Sewer |
| TAXES | 7283 |
| WATER | Public |
| ZONING | LB2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
Listed with RE/MAX United - Cedarburg
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