Property profile

6155 Fond Du Lac Ave Milwaukee, WI 53218

OFF-MARKET
Auto shops
Property ID
US92-0766244
3,551 SF 0.22 ac lot Built 1948
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This well-established Milwaukee mechanic shop, located at 6155 W Fond du Lac Ave, 53218, presents a fantastic opportunity for an auto repair business. The single-tenant property boasts a generous 3,551 square feet of space, perfectly configured for efficient operations. The building, constructed in 1948, features three auto bays equipped with three lifts, providing ample space for servicing vehicles. A dedicated office and reception area are included, creating a professional and welcoming environment for clients. The property sits on a 0.22-acre lot and offers convenient parking for 20 vehicles. The zoning is LB2, and the Milwaukee County Assessor's Parcel Number (APN) is 2260013100. The property is classified as both retail and industrial, reflecting its versatile nature. Property taxes are $1.53 per square foot. The absence of loading docks is noted. This turnkey operation is ready for immediate occupancy, allowing a new owner to begin operations without significant upfront investment. The property's prime location in Milwaukee, Wisconsin offers excellent visibility and accessibility for customers. This is an exceptional opportunity to acquire a well-maintained and established business property in a thriving market.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1948
Total area 3,551 SF
Lot 0.22 ac (9,600 SF)
Zoning code LB2
APN 226-0013-100
UPID US92-0766244

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

6155 Fond Du Lac Ave Milwaukee, WI 53218-5632
Milwaukee metro Census 3100 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2024
Last sale
$275,000
2 recorded transactions
2024
$275,000
2005
Price N/A

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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