5881 S Howell Ave, Milwaukee, WI 53207
$6,000,000
$6,000,000
parking 4
parking 1
parking 2
parking 3
Economy Birds Eye
Economy Extra Parking Option
apl
Features
- Commercial/Industrial
- Status: Active
- Est. Square Footage: 6,415
- Est. Year Built: 1947
- Est. Acreage: 4.45
- County: Milwaukee
- Property Taxes: $193,490
- Property Tax Year: 2022
- Postal Municipality: Milwaukee
- MLS#: 1827391
- Listing Company: Golden Oaks Realty LLC
- Price/SqFt: $935
- Zip Code: 53207
Property Description
5881 S Howell Ave, Milwaukee, WI 53207 - Excellent opportunity to acquire a historically stable investment asset that will continue to experience revenue growth as increased airport traffic is realized due to regional developments. Ideal location adjacent to MKE Mitchell International Airport. Value-add potential available by razing lounge to expand parking an additional 150 spaces. Investment package includes Economy Airport Parking & Shuttle Service business on 3.5 acres with 520 parking spaces (5865 S Howell: taxkey #6720311000 $16,770.82 2022 taxes) along with the adjacent entertainment operation, with upper living quarters on .95 acres (5881 S Howell: taxkey #6720312000 $176,716.81 2022 taxes).
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Additional features
Basement
- Block, Full
Interior Features
- Heating/Cooling: Central Air, Forced Air, Natural Gas
- Water Waste: Municipal Sewer, Municipal Water
- Inclusions: All business equipment for parking/shuttle operation is included with sale, including shuttle buses. Furnishings of the lounge also included.
Building and Construction
- Roof: Rubber
Land Features
- Waterfront/Access: N
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM 1827391 Active Mar 15 2023 5:41PM $6,000,000 196 -
Schools
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Demographics
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Market Conditions
Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity
