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    7754 Harwood Ave Wauwatosa, WI 53213

    Sponsored
    For Sale
    $1,400,000

    Established Restaurant, 5,000 SF, Redevelopment Potential

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 7754 Harwood Ave, Wauwatosa, WI 53213, presents a unique investment opportunity. The existing 5,000 square foot building, zoned Neighborhood/Village Trade (C1), currently operates as a restaurant and includes a fully equipped commercial kitchen and bar. The two-story structure sits on a 0.32-acre lot and offers significant potential for redevelopment. Ample parking is conveniently located in an adjacent large city lot. The property's prime location offers close proximity to the Wauwatosa Village Farmers Market and downtown Wauwatosa, ensuring high visibility and accessibility. This thriving community provides a strong foundation for continued success. An attractive feature is the option to purchase an adjacent 0.31-acre parcel at 7762 Harwood Ave, expanding the total land area to 0.63 acres for a larger-scale redevelopment project. The combined 0.62 acres offer substantial potential for various commercial ventures. The asking price for this remarkable property is $1,400,000. This presents a rare chance to acquire a well-situated restaurant with significant expansion possibilities in a vibrant Wisconsin community.

    Property Features for 7754 Harwood Ave

    General Information

    Property type
    Restaurants
    Square Feet
    5,000 SF
    Lot Size
    13,939 SF

    Building Details

    Stories
    2

    HighLights

    • Existing restaurant with commercial kitchen, bar, and basement.
    • Prime location near Wauwatosa Village Farmers Market and downtown Wauwatosa.
    • Ample parking in adjacent city lot.
    • 0.63‑acre redevelopment opportunity including existing building and adjacent 0.31‑acre parcel at 7762 Harwood Ave.
    • Option to purchase adjacent 0.31‑acre parcel.
    • Total combined land area of 0.62 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wauwatosa
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0097445
    Latitude
    43.0488679

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 5,000 SF, Redevelopment Potential
    Where is this restaurant located?
    The property is located at 7754 Harwood Ave Wauwatosa, WI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Existing restaurant with commercial kitchen, bar, and basement.; Prime location near Wauwatosa Village Farmers Market and downtown Wauwatosa.; Ample parking in adjacent city lot.
    Request Owner's contact information
    7754 Harwood Ave Wauwatosa, WI 53213
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    Wauwatosa, WI 53213
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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
    7754 Harwood Ave Wauwatosa, WI 53213
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