124 N Chicago Ave - Restaurant FOR SALE


South Milwaukee, WI 53172
$499,000 USD
414-347-1000
124 N Chicago Ave, South Milwaukee, WI for Sale
$499,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

124 N Chicago Ave
South Milwaukee, WI 53172


HIGHLIGHTS

  • Freestanding retail building with prominent visibility along N. Chicago Avenue.
  • Former quick-service restaurant with an existing customer-facing layout.
  • Directly across from Walmart, generating significant consumer traffic.
  • Pylon signage enhances exposure and brand recognition.
  • Multiple access points provide convenient customer circulation.
  • Potential to be within Tax Incremental District (TID) #2.

OVERVIEW

Located at 124 N. Chicago Avenue in South Milwaukee, Wisconsin, this freestanding retail property presents a compelling opportunity for an owner-user, investor, or redevelopment buyer seeking a highly visible location along a well-traveled commercial corridor. Formerly operated as a quick-service/casual dining restaurant, the building features an existing customer-facing layout with an open dining area that can support a variety of restaurant, café, carryout, or retail concepts. Situated on approximately 0.43 acres, the property benefits from prominent pylon signage, multiple points of ingress and egress, and a large on-site parking field. The location offers exceptional exposure directly across from Walmart, a major regional retail destination drawing approximately 2 million customer visits annually, creating consistent consumer traffic and strong area visibility. Surrounded by established businesses and residential neighborhoods, the property also provides convenient access to key area roadways, enhancing accessibility for customers, employees, and service providers. With its existing improvements, flexible commercial zoning, and redevelopment potential, the property offers a unique opportunity to capitalize on a proven retail location within the South Milwaukee market.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Pizza Hut. Busy Walmart next door.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,890 SF

ZONING

G2

APN/PARCEL ID

723-0101-000

ASK ABOUT THIS PROPERTY

JaVaughn PorterCushman & Wakefield | BoerkeMore Info
414-347-1000

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JaVaughn PorterCushman & Wakefield | BoerkeMore Info
414-347-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.