Current Use by Public Records
- Honeydip Donuts / Bakery / Discount Store
Property Details for 805 Layton Blvd
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Milwaukee restaurant opportunity presents a rare chance to acquire a well-established business with a strong reputation. Located at 805 S Layton Blvd, this 2,000-3,000 square foot eatery boasts a prime location at a signalized intersection on National Ave and S Layton Blvd within a strip mall, ensuring high visibility and traffic. Operating since the early 1970s, Honeydip Donuts offers a diverse menu including coffee, sandwiches, and pizza, maintaining consistent hours from 6 am to 10 pm. Recently renovated in 2021, the property features a fully equipped kitchen, including a hood system, allowing for versatile culinary options. The business currently operates under a lease extending to 2035, offering long-term stability. With a reported annual income of $110,000 and a 73.33% cap rate, this presents a compelling investment opportunity with a projected return within 2.5 years. The property includes 50 parking spaces and is zoned for commercial use. The motivated seller is retiring, making this a truly unique acquisition opportunity in a thriving Milwaukee neighborhood.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9479
- Latitude
- 43.023
