Property summary
This exceptional single-story retail building, located at 3333 S Howell Ave in Milwaukee, Wisconsin, presents a unique investment opportunity. Boasting 30,670 square feet (20,700 square feet on the first floor and 9,970 square feet of finished lower level), this property sits on a 1.059-acre lot and is zoned LB2. Built in 1969 and extensively renovated in 2013, the building offers modern amenities including a therapy pool, an attractive outdoor courtyard, and a backup generator. The property features full ADA accessibility, ample restrooms, and modern automated building control systems. The building's infrastructure includes gas and electric service from WE Energies, municipal water and sewer, and AT&T broadband/telephony. Multiple 3-phase/4-wire service panels provide ample power (125 to 400 amps per panel). The property is currently configured as a single-tenant space, offering flexibility for a variety of uses, including daycare, educational facilities, healthcare, or adaptive reuse. The asking price is $1,950,000 ($63.58 per square foot). The sale is as-is, where-is, with no post-closing warranties or representations from the seller, and no deed restrictions. Limited on-site surface parking is available. An unfinished 1,630 square foot attic area is excluded from the total square footage. This property offers phenomenal value at a fraction of replacement cost.
Property profile
VerifiedCap rate & NOI
Current use
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Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
LB2 · Milwaukee, WIRT4, 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
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