1112 60 St West Allis, WI 53214
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3,712 SF Retail Space, High ROI
Property size:
3,712 SFProperty Features for 1112 60 St
General Information
- Property type
- Day care centers
- Square Feet
- 3,712 SF
- Lot Size
- 6,970 SF
Building Details
- Year Built
- 1947
Listing Agency: Prestige Realty Listing Agent: Diane Drummy
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 3,712 square foot retail property, located at 1112 S 60th St in West Allis, Wisconsin, presents a compelling investment opportunity. Built in 1947 and situated on a 0.16-acre lot, the building boasts a recently renovated exterior, including a new stone facade, new glass block windows on the side and rear, a new roof, and new gutters. The interior has also been refreshed with new paint and LED lighting. The property includes an overhead door in the rear, providing convenient access, and a freshly paved parking lot with a side driveway. The building previously operated as a pottery shop and is suitable for various uses, including retail, office, or light distribution. Currently leased to a daycare for three years (August 1, 2024 - August 1, 2027), the lease features a graduated rent structure: $3,000/month for the first six months, $3,500/month for months 6-12, $4,000/month for year two, and $4,500/month for year three. The asking price is $536,250, representing a price per square foot of $80.82. The property includes a finished basement, adding to its overall usable space. This turnkey property offers a strong potential for both immediate income and long-term appreciation. The combination of recent renovations, a desirable location in Milwaukee County, and a stable lease make this an attractive investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- West Allis
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9872576
- Latitude
- 43.0197253
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - 3,712 SF Retail Space, High ROI
Where is this day care center located?
The property is located at 1112 60 St West Allis, WI.
What is the asking price?
The asking price for this property is $536,250.
What are key features of this property?
This property features: 3,712 SF retail building on a 0.16-acre lot in West Allis, WI.; Recently renovated exterior with new stone facade, windows, roof, and gutters; refreshed interior with new paint and LED lighting.; Features an overhead rear door, paved parking lot, and side driveway.
