140 W Garfield Ave - Churches FOR SALE


Milwaukee, WI 53212- Brewer's Hill
$350,000 USD
920-901-3661
140 W Garfield Ave, Milwaukee, WI for Sale
$350,000 USD
Churches - FOR SALE
1/38
null | Request Cap Rate

NEW


140 W Garfield Ave
Milwaukee, WI 53212
Brewer's Hill


OVERVIEW

This listing is for the church building only 140 W Garfield Ave presents a compelling commercial investment opportunity in Milwaukee’s Brewers Hill neighborhood, near N. Dr. Martin Luther King Jr. Dr., W. North Ave., downtown Milwaukee, and the growing Bronzeville corridor. Originally built in 1887 as the Second German Methodist Episcopal Church and designed by Milwaukee architect Herman Paul Schnetzky, the building offers a distinctive presence, flexible interior layout, and long-term repositioning potential. The property is anchored by an established daycare tenant that has operated from the building for years and will be entering a new 3-year lease beginning July 1. Lease terms include $4,000 per month in rent, plus tenant responsibility for 25% of the WE Energies bill, providing immediate income and added utility cost recovery for the next owner. With built-in cash flow, tenant stability, recognizable architecture, and a location surrounded by continued neighborhood reinvestment, this asset is well-positioned for investors seeking both current return and future upside. Buyer to verify lease terms, zoning, permitted uses, measurements, and all property details.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

140 W Garfield Ave Milwaukee WI

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1887

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,038 SF

ZONING

RT4

APN/PARCEL ID

353-0188-000,353-0188-000-4

ASK ABOUT THIS PROPERTY

Bret DuerThe Real Estate Edge, LLCMore Info
920-901-3661

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Bret DuerThe Real Estate Edge, LLCMore Info
920-901-3661

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