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7251 W North Ave, Wauwatosa, WI 53213
$349,900
7251 W North Ave, Wauwatosa, WI 53213View this property at 7251 W North Ave, Wauwatosa, WI 53213
7251 W North AveWauwatosaWI53213
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Property Description
8.2% Cap rate! 3820 sq ft freestanding multi-tenant office/retail building. Excellent frontage in Tosa's North Ave Business District. Perfect for small businesses seeking affordable office/retail space in this desirable area with a traffic count of 13,200 vehicles per day per WISDOT 8/7/23. Vacancy rates are very low because you don't have to rely on just one tenant! There are 10 office/retail/storage units of various sizes, a shared lobby with a waiting area & 2 convenient bathrooms. Gross rents currently $3,644/month with built-in annual lease increases.
Full Property Details
Full Property Details for 7251 W North Ave
General
- Price: $349,900
- Taxes: $4,648 (2023)
- Status: Active
- Type: Retail
- MLS ID: 1875357
- Updated: 5/15/2024
- Added to Site: 13 day(s) ago
Business
- Name: Various
Additional Information
- Other Features: Display Window, Furniture, Office(s), Restrooms
Location
- Municipality: City
- County: Milwaukee
- Driving Directions: East of 73rd & North Ave on south side of street in Wauwatosa
- Dist. to Freeway: 1 to 3 Miles
- Location Details: Business District, Freestanding
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Office(s), Professional Service, Retail, Special Purpose, Wholesale
- Exterior Const.: Partially Wood, Vinyl
- Basement Desc.: None
- Roof: Composition, Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 3,820
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: 33x120
- Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
- Zoning: Comm
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,648.85
- Tax Year: 2023
Listed by First Weber Inc - Delafield
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Schools
Schools serving 7251 W North Ave
School District:Wauwatosa School District
Rating | Name | Grades | Distance |
---|---|---|---|
1741 N Wauwatosa Ave, Wauwatosa, WI 53213 | PK-5 | 0.5 mi | |
7600 W North Ave, Wauwatosa, WI 53213 | 6-8 | 0.3 mi | |
7500 Milwaukee Ave, Wauwatosa, WI 53213 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7251 W North Ave
Date
Details
Price
Change
Source
5/15/2024
Listed
$349,900
59.05%
MLS
5/30/2017
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7251 W North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,735
5%
$220,000
—
2021
$4,528
-12%
$220,000
—
2020
$5,150
-1%
$220,000
—
2019
$5,225
25%
$220,000
24%
2018
$4,186
1%
$176,800
—
2017
$4,149
—
$176,800
—
2016
$4,131
—
$176,800
—
2015
$4,145
1%
$176,800
—
2014
$4,118
-2%
$176,800
—
2013
$4,214
11606%
$176,800
11%
2012
$36
—
$159,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7251 W North Ave
7251 W North Ave, Wauwatosa, WI 53213 (MLS# 1875357) is a Retail property. 7251 W North Ave is currently listed for $349,900 and was received on May 15, 2024. Want to learn more about 7251 W North Ave? Do you have questions about finding other Retail real estate for sale in Wauwatosa? You can browse all Wauwatosa real estate or contact a Coldwell Banker agent to request more information.