For sale· 5 days on market
1308 Cesar E Chavez Dr
Milwaukee, WI, 53204·MLS# 1983790
$500,000
Estimated $3,274/mo estimated
- 0
- Bathrooms
- 7,882
- Sq ft
- 0.09 ac
- Lot size
- 1936
- Year built
- $63
- Per sq ft
- Commercial Sale
- Built 1936
About this home
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.
Facts & features
Interior
- Bathrooms
- 0 full
- Living area
- 7,882 sqft
Property
- Type
- Commercial Sale
- Year built
- 1936
- Lot size
- 0.09 acres
Financial
- Annual taxes
- $10,942.2
- Price / sqft
- $63
Estimate your monthly payment
$3,274/ month estimated
- Principal & interest$2,608
- Property tax$458
- Insurance$208
Illustrative estimate — not a lending offer.
Location
Milwaukee, WI
Similar homes nearby
Courtesy of Forward Realty Partners
reThought Real Estate
My local team · (407) 974-5509
$500,000
0 ba · 7,882 sqft