681 Milwaukee Ave Burlington, WI 53105-1345
This exceptional 4,500 square foot commercial property, situated on a 0.58-acre lot at 681 Milwaukee Avenue in Burlington, Wisconsin, presents a rare investment opportunity. Boasting stunning waterfront sunsets over Echo Lake, this site is perfectly positioned to capitalize on the area's natural beauty and recreational appeal. The existing structure offers the potential for a complete remodel, allowing for customization to suit a variety of commercial uses. Alternatively, the property provides a blank canvas for new construction, enabling the creation of a bespoke development tailored to specific business needs. The expansive lot allows for ample outdoor seating, ideal for a restaurant or similar establishment seeking to maximize its waterfront views and create a unique dining experience throughout the year. The potential for a second level further enhances the opportunity to expand seating capacity and capitalize on the breathtaking lake views. This is a truly unique offering in a highly desirable location
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.