Restaurant
For Sale
$400,000
4519 W Center St, Milwaukee, WI 53210
Currently occupied by Jackson's Soul Food Redefined and offered as a real estate sale.
Property Size1,919 SF
Price / SF$208.44
Days on Market47
Property Features for 4519 W Center St
General Information
Standard status
Active
Size
1,919 SF
Site & Location
Neighborhood
Uptown
Building Details
Year Built
1925
Listing Agency:
808 Realty LLC
Listed By:
Frederick Kyles · License #42545
(414) 839-5203
Source:
Levelupwi
Added: Sep 7
Changed: Oct 3
Last Checked: Oct 7 at 5:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 808 Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property at 4519 W Center St is currently occupied by Jackson's Soul Food Redefined. The building dates to 1925 and is being offered as a real estate sale.
Located in Milwaukee, the property provides access to surrounding neighborhoods and major thoroughfares. Buyers should independently confirm zoning and permitted uses for their intended operation.
Located in Milwaukee, the property provides access to surrounding neighborhoods and major thoroughfares. Buyers should independently confirm zoning and permitted uses for their intended operation.
Key Highlights
- Current location of Jackson's Soul Food Redefined
- 1925 building construction
- 4519 W Center St, Milwaukee, WI 53210
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,540
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,800
$470.8K
Cap Rate 7%
$336,286
$336.3K
Cap Rate 9%
$261,556
$261.6K
Market Conditions
NOI Build-Up for 1,919 SF
Gross rent
$33.4K $17.40/SF
− Vacancy
−$2.0K −$1.04/SF
EGI
$31.4K $16.36/SF
− OpEx
−$7.8K −$4.09/SF
NOI
$23.5K $12.27/SF
Area
Milwaukee, WI
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,800
Cap Rate 7%
$336,286
Cap Rate 9%
$261,556
Alternative Uses
Best Use
Specialty Retail
$336.3K
$294.3K – $392.3K
NOI $23,540 @ 7.0% cap · market cap 5.89%
Second Best
Industrial
$99.8K
$87.4K – $116.5K
NOI $6,988 @ 7.0% cap · market cap 1.75%
Theoretical Best
Office A
$461.2K
$403.5K – $538.0K
NOI $32,281 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53210, WI
25,588
Population
11,005
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
9,842
Density / Sq Mi
$45,268
Median Household Income
$35,797
Median Earnings
$1,044
Median Rent
$153,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Currently occupied by Jackson's Soul Food Redefined and offered as a real estate sale.
Where is this conventional restaurant located?
The property is located at 4519 W Center St Milwaukee, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Current location of Jackson's Soul Food Redefined; 1925 building construction; 4519 W Center St, Milwaukee, WI 53210
