N88W16733 Appleton Ave - Flex FOR SALE


Menomonee Falls, WI 53051 | 
$875,000 USD
262-893-2014
N88W16733 Appleton Ave, Menomonee Falls, WI for Sale
$875,000 USD
Flex - FOR SALE
1/9
null | 8.29% Cap Rate

Aug '28


N88W16733 Appleton Ave
Menomonee Falls, WI 53051


HIGHLIGHTS

  • Located at a highly visible intersection with strong exposure from passing traffic.
  • Abundant natural light creates a bright and welcoming interior environment.
  • Open commercial layout complemented by tall ceilings and an airy interior feel.
  • Flexible retail layout supports a variety of customer-facing business uses.

OVERVIEW

Position your business in a well-maintained, updated mixed-use property while benefiting from additional rental income. This flexible building includes two commercial spaces, one currently occupied by the owner, and four residential apartments on the second floor. Numerous improvements have been completed, including plumbing, HVAC, electrical, windows and roofing. The sprinklered commercial space features extra-tall ceilings and provides a versatile setting for a wide range of business uses. Current tenants consist of Chocolate Falls and Bradley Realty. The property offers the opportunity to operate your business while offsetting ownership costs with existing residential rental income. With leases already in place for additional cash flow, it also presents an attractive option for an investor seeking diversified commercial and residential income. Whether purchased as an owner-user asset or a value-oriented investment, this updated mixed-use property delivers flexibility, functionality and immediate income potential. (DO NOT) bother commercial tenants only available to view with a scheduled showing. **Adjoining lot is available for purchase too. Price for both is $1,100,000.00 Parcel includes parking and opportunity for development

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

8.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Stark Building

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

UTILITIES

Lighting - Incandescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2

APN/PARCEL ID

MNFV-0011-235

ASK ABOUT THIS PROPERTY

Brad PosnanskiBradley RealtyMore Info
262-893-2014

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Brad PosnanskiBradley RealtyMore Info
262-893-2014

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