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Property profile & analytics
OFF-MARKET
Bars & Pubs

703 Layton Ave Milwaukee, WI 53221-2424

2,513 SF 0.13 ac lot Built 1929
Individually Owned 1-yr Hold Free & Clear
Property ID
US92-0715342
Property summary
AI-generated overview

This Milwaukee retail property at 703 W Layton Ave offers a unique investment opportunity. The 2,513 square foot building, constructed in 1929, is zoned LB1 and sits on a 0.13-acre lot (APN: 6250023110). The asking price is $499,000. The property includes a turnkey business opportunity, as it's a former tavern with all fixtures, furniture, and equipment (FF&E) included. Adding to its appeal is a 2-bedroom, 1-bathroom apartment located above the retail space, ideal for owner occupancy or to generate rental income and offset mortgage payments. A garage is also included on the property. The location benefits from high traffic volume, with approximately 20,900 vehicles passing daily on W Layton Ave. Its proximity to major transportation arteries is another key advantage, being approximately 1.5 miles from Milwaukee Mitchell International Airport and about 1 mile from I-94 and I-41. This presents a compelling combination of commercial and residential potential in a high-traffic area. This is a rare opportunity to acquire a well-located, established business with significant upside potential.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1929
Total area 2,513 SF
Lot 0.13 ac (5,739 SF)
Zoning code LB1
APN 625-0023-110
UPID US92-0715342
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
  • ATM Atm
  • Club 703 Bar & Pub
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
Mohamed Musaitif · 1 yrs held
Mohamed Musaitif
since 2024
2 recorded transactions
2024
$375,000
2018
Price N/A
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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