$975,000
2234 E Layton Ave
Details
APN 5920065000, 592-0062-000, 592-0067-000, 592-0064-000
Property Type Retail, Land
Sub Type Restaurant, Bar
Square Footage 2,500
Units 2
Tenancy Multi
Class C
Year Built 1970
Stories 2
Acreage 0.660
Zoning B-2
Parking Spaces 50 spaces
Parking per 1,000 SqFt 20.00
Investment Type Value Add
Ground Lease No
Ceiling Height 8'-10'
Retail | 2,500 SqFt
Marketing description
Prime land opportunity -- 6 total lots (3 on Layton, 3 on Price St) with a ~50-car parking lot on the 2nd busiest street in Milwaukee County with direct off-ramp access. The bar & restaurant on site is fully equipped and operational, adding immediate income potential. Upgrades include roof, AC, furnace, grease trap system & remodeled bathrooms. All equipment included. Upstairs MTM tenant. No permit required for outdoor porch dining. 2 city-sanctioned events/year. 3/4 mile to Lake Michigan, near Grant Park & golf course. Redevelopment potential is the story here, the bar and restaurant are a plus.
Investment highlights
- Prime land opportunity -- 6 total lots (3 on Layton, 3 on Price St) with a ~50-car parking lot on the 2nd busiest street in Milwaukee County with direct off-ramp access
- The bar & restaurant on site is fully equipped and operational, adding immediate income potential
- Upgrades include roof, AC, furnace, grease trap system & remodeled bathrooms
- All equipment included
- Upstairs MTM tenant
- No permit required for outdoor porch dining
- 2 city-sanctioned events/year
- 3/4 mile to Lake Michigan, near Grant Park & golf course
- Redevelopment potential is the story here, the bar and restaurant are a plus
Listing Contacts
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Zoning
B2 CommercialGeneral CommercialGeneral Business
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