Saint Francis, WI 53235,4245 S Packard AVENUE
Saint Francis, WI 53235,4245 S Packard AVENUE
Saint Francis, WI 53235,4245 S Packard AVENUE
4
$545,000
$575,000
5.2%
Est.Price: ?

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6,608 SqFt

4245 S Packard AVENUE Saint Francis, WI 53235

Est. payment /mo
SOLD DATE : 01/20/2023

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Key Details

Sold Price $545,000

Property Type Commercial

Sub Type Office(s),Retail,Other,Restaurant/Supper Club,Salon/Barber Shop

Listing Status Sold

Purchase Type For Sale

Square Footage 6,608 sqft

Price per Sqft $82

MLS Listing ID 1818399

Sold Date 01/20/23

Year Built 1962

Annual Tax Amount $11,076

Tax Year 2021

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Office(s),Retail,Other,Restaurant/Supper Club,Salon/Barber Shop

Property Description

GREAT Investment Opportunity-High 9.94 cap rate & just blocks from the LAKEFRONT in St. Francis!!! Very visible, oversized, 7 unit multi-use commercial building (currently used as 6). It has 4 retail spaces & 2 apartments w/ over 6,600 sq ft. in total. This property has a lot of potential for an investment or business owner. 2nd level has 2 VERY large apartments, 3 Bedrm/2 Bath & 2 Bedrm/1 Bath, both occupied & each with in-unit laundry. Updates include: Newer Furnaces/Water heater & mechanical units in the past few years, garage roof (tear off) 3/22 & more. This property also includes customer parking in front & additional business owner/tenants parking in back w/ a 2.5 car det. garage. It is conveniently located to all amenities, expressway & lake. Please don't disturb current tenants.

Location

State WI

County Milwaukee

Zoning Commercial

Rooms

Basement Block, Full

Interior

Heating Natural Gas

Cooling Central Air, Forced Air, Individual Heating Units

Exterior

Exterior Feature Brick, Brick/Stone, Partial-Aluminum, Partial-Brick, Partial-Stone, Aluminum/Steel, Steel, Stone

Garage Spaces 10.0

Parking On Site 10

Roof Type Composition/Fiberglass

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

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Listed by Shorewest Realtors, Inc.
Bought with Ogden & Company, Inc.

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Daniel Bertelson

Daniel Bertelson

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