Retail

3470 E Layton Ave


3470 E Layton Ave
CudahyWI 53110

3470 E Layton Ave

Retail: Restaurant

3470 E Layton Ave, CudahyWI 53110

Details

Total Size
3,113 SF
Land
0.25 Acre
Building Status
Existing
Number of Buildings
2
Year Built
1901
Number of Floors
1
Occupancy Type
Single Tenant
County
Milwaukee
Submarket
WI - Milwaukee Southeast

Current Listings

3470 E Layton Ave

Retail For SaleFloor 1 Bldg
$229,900
Cap Rate: 10%
MKE Realty Group LLC

New investment property offering has been owned by same family for over 60 years! The property is currently leased to a restaurant tenant Lala's Place. Restaurant tenant pays $3,200 per month and lease is through 3/1/20. Rental income is also generated from 4 garage stalls renting at $600-$650 per year per stall. 13.5% CAP Rate! .25 Acre City corner lot has potential for development. Capital improvements include new roof in May 2017 and new plumbing to grease trap in November 2017. Newer furnace.

MKE Realty Group LLC

New investment property offering has been owned by same family for over 60 years! The property is currently leased to a restaurant tenant Lala's Place. Restaurant tenant pays $3,200 per month and lease is through 3/1/20. Rental income is also generated from 4 garage stalls renting at $600-$650 per year per stall. 13.5% CAP Rate! .25 Acre City corner lot has potential for development. Capital improvements include new roof in May 2017 and new plumbing to grease trap in November 2017. Newer furnace.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

©Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Catylist Real Estate Software, Inc. does not assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.