Property profile

2501 35th St Milwaukee, WI 53210

OFF-MARKET
Investment properties
Property ID
US92-0758731
2,564 SF 0.1 ac lot Built 1905
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional commercial property located at 2501 N 35th STREET in Milwaukee, Wisconsin, presents a unique investment opportunity. The building boasts 2,564 square feet of versatile commercial space, ideal for a variety of businesses. Constructed of durable brick, the building is situated on a 0.1-acre lot, offering significant potential. A key feature is the spacious four-bedroom apartment located on the upper level, providing additional income potential or housing for business owners. The property also includes an adjacent vacant lot, which could be developed into valuable additional parking, significantly enhancing the property's appeal and functionality. The building's corner location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic. Priced competitively at $119,900, this property offers a compelling return on investment. The combination of commercial space, residential apartment, and the potential for parking expansion makes this a truly versatile and attractive opportunity for savvy investors and entrepreneurs. Don't miss this chance to acquire a well-located, multi-use property in a thriving Milwaukee neighborhood.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Total area 2,564 SF
Lot 0.1 ac (4,244 SF)
Zoning code LB2
APN 327-0344-000
UPID US92-0758731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2501 35th St Milwaukee, WI 53210-3037
Milwaukee metro Census 6200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$65k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2020
Last sale
$36,900
6 recorded transactions
2020
$36,900
2017
$3,000
2016
Price N/A
2014
Price N/A
2014
Price N/A
2014
$30,000

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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