Restaurant Building with Commercial
8415 W Burleigh STREET Milwaukee, WI 53222
8415 W Burleigh STREET, Milwaukee, WI, 53222
$450,000
For Sale
$450,000
Storefront includes a clean, fully operational commercial kitchen, plus an upper 3BR/1BA apartment with in-unit washer and dryer.
Property Size4,722 SF
Price / SF$95.30
Days on Market46
Property Features for 8415 W Burleigh STREET
General Information
- Standard status
- Active
- Size
- 4,722 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1948
Listing agency
Cherry Home Realty, LLC
(414) 334-4623
Listed by
Rosemary Perez
(414) 334-4623
Source
Xome
Added: Jun 7 Updated: Jul 20 at 8:11PM Checked: Jul 21 at 3:14AM
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 Cherry Home Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale restaurant building at 8415 W Burleigh STREET, Milwaukee, WI 53222 includes a main-level storefront with approximately 1,500 square feet and a clean, fully operational commercial kitchen. The kitchen setup was recently inspected by the health department, and the layout is described as suitable for multiple food service concepts.
An upper 3BR/1BA apartment complements the commercial space and features a washer/dryer and newer mechanicals. Ample on-site parking is available for customers and residents, supporting mixed-use flexibility.
The property is presented as a mixed-use investment and business opportunity, with surrounding established businesses in the corridor referenced in the remarks.
An upper 3BR/1BA apartment complements the commercial space and features a washer/dryer and newer mechanicals. Ample on-site parking is available for customers and residents, supporting mixed-use flexibility.
The property is presented as a mixed-use investment and business opportunity, with surrounding established businesses in the corridor referenced in the remarks.
Key Highlights
- Mixed comm/res property with storefront storefront space of approximately 1,500 SF
- Fully operational commercial kitchen with recent health department inspection
- Upper 3BR/1BA apartment with in‑unit washer and dryer
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $5.47 |
| − Vacancy | −$1.3k | −$0.27 |
| EGI | $24.6k | $5.20 |
| − OpEx | −$7.4k | −$1.56 |
| NOI | $17.2k | $3.64 |
4,722 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$827.5K
$724.1K – $965.4K
NOI $57,925 @ 7.0% cap · market cap 12.87%
Second Best
Industrial
$245.6K
$214.9K – $286.6K
NOI $17,195 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.13M
$992.9K – $1.32M
NOI $79,432 @ 7.0% cap · market cap 17.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brew City Pickles
Department Store
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial kitchen - Storefront includes a clean, fully operational commercial kitchen, plus an upper 3BR/1BA apartment with in-unit washer and dryer.
Where is this commercial kitchen located?
The property is located at 8415 W Burleigh STREET Milwaukee, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed comm/res property with storefront storefront space of approximately 1,500 SF; Fully operational commercial kitchen with recent health department inspection; Upper 3BR/1BA apartment with in‑unit washer and dryer
