1308 S Cesar E Chavez Dr, Milwaukee, WI 53204
$500,000
MLS #: 1983790
| 7,882 Sq Ft |
Description of 1308 S Cesar E Chavez Dr, Milwaukee, WI 53204
Fully leased 4-unit commercial building on Milwaukee's S. Cesar E. Chavez Dr corridor with $42,485 in-place NOI. 1308 S Cesar E Chavez Dr, Milwaukee, WI 53204 is a free-standing 2-story, 7,882 sq ft brick building built in 1936, zoned LB2, with three tenants on NNN leases and individually metered units. Anchor tenant Verizon (Total Wireless) leases a 2,100 sq ft suite through June 2029 with annual rent steps. Per seller, pro forma NOI rises to $46,085 after the pending lower-level lease renewal, on a $500,000 asking price. Roof replaced in 2017 with a partial rubber roof in October 2025; upper-level HVAC updated in 2026. Includes 3 rear parking spaces and a vacant lot behind the building with room to expand. All tenants current on rent.
Property Features of 1308 S Cesar E Chavez Dr, Milwaukee, WI 53204
Listing courtesy of: Forward Realty Partners
TYPE
Industrial
Industrial
Year Built
1936
1936
Annual Taxes
$10,942.20
$10,942.20
Acres
.09
.09
Features
| Central air |
| Brick exterior |
| Lot acreage is: 0.09 |
| Lot sqft: 3920.4 |
| Lot zoned: LB2 |
| Road frontage: City Street |
| Full basement |
| Public sewer |
| Public water |
| For sale |
| Tax year: 2025 |