4600 W Fond Du Lac Ave #4636 $1,399,000

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    4600 W Fond Du Lac Ave #4636 Milwaukee, WI 53216

    • 25,224 sq. ft.
    • 1.10 Acres
    • Commercial
    • MLS# 1707369
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    Views: 31 Days On Site: 145

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    Property Details

    Most Milwaukeeans will remember the Fruit Ranch. Now it's a stylish commercial building built in 2008 and fully rented to 3 established and thriving commercial tenants, on yearly leases. Being so new and in such great shape, this would be an excellent income-producing property for your portfolio. Total monthly income of $13,000. Owner pays for water & sewer, tenants pay gas & electric. Building has a total of 10,683 square feet divided into 3 commercial spaces. Street parking for 2 of the tenants and a paved lot with 62 spaces for the 3rd tenant. The middle tenant has a tall garage door, and all tenants have 2-3 entrances. Long-time owner is retiring and offers this opportunity for sale. ADDRESS ON BUILDING IS 4610

    • General Features
      • Tax Year 2020
      • Total Taxes $37,425
      • Directions Capitol Dr. to Fond Du Lac Ave, south to 4610 W. Fond Du Lac Avenue ADDRESS ON BULDING IS 4610
      • Total SqFt. 25,224
      • Lot Size 1.102
      • County MILWAUKEE
    • Building Features
      • Building Type Free Standing
      • Basement None / Slab
      • Commercial Ceiliing Height 11 - 15 feet
      • Roofing Rubber/Membrane
      • Heaing/Cooling Central Air, Forced Air
      • Exterior Brick, Brick/Stone
      • Commercial Features Expenses Include: Licenses, Expenses Include: Permits, Expenses Include: Utilities, Carpeting, Display Window, Inside Storage, Restroom(s), Interior Sprinkler
      • Estimated Age Range 11-20 Years
    • Property Features
      • Heat Fuel Natural Gas
      • Water Waste Municipal Sewer, Municipal Water

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    Neighborhood

    53216 (Milwaukee) Demographics

    34 Median Age
    7,153 Population Density (per sq. mile)
    26% College Educated
    $35,369 Estimated Median Income
    6,051 Estimated Total Home Owners
    6,972 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    33,174 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $115,000 Median Sales Price
    15 Homes Sold
    17 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,399,000
        11/19/2020 2:49:15 PM Price Reduced Source New Value: $1,399,000 -6.67%
        8/31/2020 4:50:00 PM New in Database Source New Value: $1,499,000

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        Information is provided by MetroMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. Copyright 2021 MetroMLS - All Rights Reserved DMCA Notice

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
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