703 Layton Ave Milwaukee, WI 53221-2424
- Bars
- 2,513 SF
- 0.13 lot acres
Current Use by Public Records
- ATM / Atm
- Club 703 / Bar
Property Details for 703 Layton Ave
- Year built
- 1929
- Lot size
- 0.13 lot acres
- Property size
- 2,513 SF
- Zone code
- LB1
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 625-0023-110
- APU
- 6250023110
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.921
- Latitude
- 42.9589
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
