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31763884
31763885

5515 W Florist Ave, Milwaukee, WI 53218

GG
WI WI 51325-90, WI 90-51325
RE/MAX Service First
Listed by RE/MAX Service First
$1,399,000
49 days on market
Updated 39 days ago
Opportunity zone

5515 W Florist Ave, Milwaukee WI

Details
APN 1730331000
Property Type Retail, Office (+1)
Sub Type Distribution, Manufacturing (+1)
Square Footage 20,448
Net Rentable (SqFt) 20,448
Units 1
Tenancy Single
Price per SqFt $68
Broker Co-Op Yes
Class B
Year Built 1966
Year Renovated 2023
Buildings 1
Stories 1
Lot Size (SqFt) 33,890
Zoning IL 1 Industrial Park Modern
Ground Lease No
Ceiling Height 19
Loading Docks 3
Dock High Doors 3

Nice Warehouse & Office Space 20,448 SqFt

Marketing description

Impress your customers, suppliers, and employees with this beautiful, modern, clean 20,448 sq ft warehouse including awesome offices. THREE OVERHEAD DOORS, two below grade for semi docking, one drive-in door. Four bathrooms, large conference room, private offices, nice kitchen area. The TENANT IS WILLING TO MOVE TO NEW LOCATION WITH 90 DAYS NOTICE, otherwise their NNN lease expires 9/30/2027 and they do not wish to renew. While the tenant is here this is a 9.5 CAP. Rent is $6.846 ($11,666/mo) NNN. Tenant plans to move to new smaller location, but needs 90 days notice from buyer. The purchase price is a bargain at $68.42 per square foot for an excellently maintained building. Centrally located in Milwaukee with access to I-41, I-43, I-94, and all of eastern Wisconsin and northern Illinois, including the Chicago market.

Listing Contacts

GG
WI WI 51325-90, WI 90-51325
RE/MAX Service First
Listed by RE/MAX Service First

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Additional Information

Name
Graig Goldman
License
WI 51325-90
Brokerage
Segal-Goldman Group at RE/MAX Service 1st
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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