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    4860 Fond Du Lac Ave Milwaukee, WI 53216

    Sponsored
    For Sale
    $120,000

    Dual-Income Property: Hookah Bar & Salon

    Property size:
    960 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This Milwaukee commercial property presents a unique dual-income investment opportunity. Located at 4860 W Fond Du Lac Avenue, Unit 4862, this 960-square-foot building sits on a 0.16-acre lot and is priced at $120,000. The property features two established businesses: a thriving hookah bar and a versatile beauty/barber shop. The hookah bar generates a minimum of $800 per night, even on slow nights, and comes fully equipped with all necessary furniture and equipment. The beauty/barber shop boasts four stations and currently brings in $500 per week. Both businesses are turnkey and ready for immediate operation. Adding to the property's appeal is a finished basement with a pool table and lounge area, offering additional income potential through private events or as an extension of the hookah bar. Ample parking is provided by a fenced-in lot with over 25 spaces. This property is ideal for investors seeking established businesses with multiple income streams or entrepreneurs looking for a dual-income investment. The property's location in Milwaukee offers excellent access to local amenities and a strong customer base.

    Property Features for 4860 Fond Du Lac Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    960 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    Relax N Style Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    MILWAUKEE
    State
    Wisconsin
    Longitude
    -87.97415
    Latitude
    43.0885

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    FAQs

    What type of property is this?
    Commercial real estate - Dual-Income Property: Hookah Bar & Salon
    Where is this commercial real estate located?
    The property is located at 4860 Fond Du Lac Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $120,000.
    (414) 771-7144
    Request Owner's contact information
    4860 Fond Du Lac Ave Milwaukee, WI 53216
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    Milwaukee, WI 53216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4860 Fond Du Lac Ave Milwaukee, WI 53216
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