Current Use by Public Records
- Firestone North Avenue / Auto Repair Shop
- Firestone, North Avenue Tire and Auto / Auto Repair Shop / Vehicle Inspection Center
Property Details for 4926 North Ave
- Lot size
- 0.33 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Auto shops
Description
This exceptional commercial property, located at 4926 W North Ave in Milwaukee, Wisconsin, presents a rare opportunity. The 0.33-acre lot houses two buildings totaling 8,627 square feet, zoned for Local Business District (LB2). The main building offers 6,752 square feet of former automotive space, complete with five automotive lifts and five unit heaters, ideal for a variety of uses. An adjacent 1,875-square-foot retail space is currently occupied under a month-to-month lease by a nail salon. The property also includes a basement. The asking price is $525,000 ($60.86/sq ft), with a current lease rate of $5,000 per month (NNN). 2023 real estate taxes were $8,094.43 (Tax Key: 32815070000). This property offers significant potential for investors and entrepreneurs seeking a versatile space in a high-traffic commercial corridor. The property's location on W. North Ave provides excellent visibility and accessibility. This is a unique opportunity to acquire a well-situated commercial property with existing infrastructure and income potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9756
- Latitude
- 43.0606
