Comm/Industrial

Year 1928

6792 SQ FT

0.19 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Milwaukee Commercial Property for Sale

$319,000

2214 W Hopkins St, 2220
Milwaukee WI 53206

Listed by RE/MAX United - Cedarburg

Share Property

Priced under assessment! Room for rental growth! 6 of 8 spaces are leased, and the street-level commercial tenant is locked in through July 2029, with annual rent increases. One studio remains to lease: at its $550 asking rent, scheduled gross climbs from $62,760 to $69,360 per year, for a projected 11.2 cap rate. Unit 2220-3 is sold as-is, so a buyer who finishes it adds another $8,340 a year in potential rent. The heavy lifting is done: new rubber roof with a transferable warranty and about $31,000 in recent improvements. Bus line at the door and 7,400 cars a day passing the storefront. A full offering memorandum with rent roll, lease summary and pro forma is available!

Property Details

Listing Details

Price

$319,000

Year Built

1928

Levels

N/A

SQ FT

6792

Lot Size

0.19 ACRES

Zoning

LB2

Tax Key

2850002000

TaxYear

2025

Property Taxes

$7,283

Property Type

Comm/Industrial

Property Status

Active

MLS#

1986003

Inclusions

7 refrigerators, 7 ranges

Exclusions

Seller's and tenants' personal property, including the daycare tenant's equipment.

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Brick

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

Main
Apartment 1
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Apartment 2
Apartment 2
Apartment 2
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Apartment 2
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Exterior Detail
Exterior
Parking
Exterior Detail
Exterior Detail
Back Yard
Back Yard

About Milwaukee

The Milwaukee city proper provides almost anything a resident can dream of. It is big city bustle with the Midwestern charm that Wisconsin offers, filled to the brim with fun activities for all ages. From classy steakhouses to food trucks, movie theaters to laser tag, nightclubs to wine tastings, Milwaukee has the perfect combination of big brands and local business.

Downtown is a blend of beautiful historic architecture and new development - a characteristic of the constantly changing, but deeply rooted culture that inhabits the city. There are beaches, biking trails, and beautiful scenic walks just minutes away from Milwaukee's heart, and small green spaces abound throughout the city. It is home to the most culturally diverse population in Wisconsin, evident in the architecture, food, art, and music you can experience throughout the city.

Community Population

578,198

Community Area

N/A SQ/MILES

Community Suburb of

Milwaukee County

Community Lifestyle

Urban

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

N/A

Get In Touch With

Wisconsin's #1 Boutique Broker ™

Suzanne Powers

Suzanne Powers

FOUNDER | CEO

414.963.0000

Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

Request a Showing for

2214 W Hopkins St, 2220, Milwaukee, WI 53206

$319,000

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