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Property profile & analytics
OFF-MARKET
Drive through restaurants

1110 Oklahoma Ave Milwaukee, WI 53207-2453

1,149 SF 0.16 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US92-0660224
Property summary
AI-generated overview

This exceptional retail property, located at 1110 E Oklahoma Ave in Milwaukee, Wisconsin, presents a compelling investment opportunity. The 1,149 square foot building, constructed in 1973, sits on a 0.16-acre lot and is zoned LB2. The property boasts 15 off-street parking spaces, a significant advantage in the Bay View neighborhood. Currently occupied by a successful restaurant (business not included in sale), the space features a walk-in cooler and a hood system, ideal for food service operations or similar businesses. The asking price is $549,000. The property's APN is 5040892210. The building's interior comfortably accommodates approximately 36 seated patrons, as evidenced by the current tenant's configuration. This turnkey location offers immediate potential for a new owner to establish their business or secure a strong rental income stream. The property's prime location in Milwaukee's vibrant Bay View area ensures high visibility and accessibility. This is a rare chance to acquire a well-established retail space with ample parking in a desirable Milwaukee neighborhood. The property's existing infrastructure and features significantly reduce the upfront investment required for a new business. Don't miss this chance to own a piece of Milwaukee's thriving commercial landscape.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1973
Total area 1,149 SF
Lot 0.16 ac (6,950 SF)
Zoning code LB2
APN 504-0892-210
UPID US92-0660224
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gyros Stand Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Herrera Properties LLC · 1 yrs held
Herrera Properties LLC
since 2024
3 recorded transactions
2024
Price N/A
2020
$210,000
2014
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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