19550 National Ave New Berlin, WI 53146
- Commercial real estate
- 2,220 SF
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 19550 National Ave
- Year built
- 1933
- Lot size
- 0.15 lot acres
- Property size
- 2,220 SF
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- NBC 1268988
- APU
- NBC1268988
Description
This exceptional retail property, located at 19550 W National Ave in New Berlin, Wisconsin, presents a unique investment opportunity. The 1,510 square foot building, constructed in 1933, sits on a sizable 1.44-acre lot and boasts 14 parking spaces. The property is zoned B-2, offering flexibility for a variety of retail uses. The asking price is $325,000, translating to $215.23 per square foot. High traffic counts are a key advantage, with approximately 11,800 cars per day on South Racine Avenue and approximately 8,500 cars per day on West National Avenue, according to Wisconsin Department of Transportation data. The property benefits from its proximity to the OAW Indoor Sports Complex, enhancing visibility and potential customer traffic. An active liquor license is currently associated with the property, adding further value and potential uses. Convenient access to I-43 (within approximately one mile) provides excellent regional accessibility. The property's APN is NBC 1268988, NBC 1268987. This is an ideal location for a business seeking high visibility and strong traffic flow in a thriving community. The property's size and zoning provide ample opportunity for expansion or redevelopment.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Berlin
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1575
- Latitude
- 42.9457
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
