$650,000

8501 W Capitol Dr

Milwaukee WI, 53222

Description

This turn-key restaurant provides a rare opportunity to purchase a fully operational landmark restaurant. It includes many recent upgrades including a new HVAC system. The property includes a humongous grandfathered pylon sign, as well as excellent exposure along Capitol Drive. This roadway includes an average daily traffic count of 25,300 vehicles. The property has multiple points of ingress/egress which lead to 2 parking lots with a total of 71 parking stalls. The improvement is priced well below replacement costs. It is also situated adjacent to some newer development, as well as a new furniture supercenter.

Details

MLS#1688936
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site20

Features

SQ Feet5,749
Story(s)1
ZoningNS2

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Area Information

StateWI
CountyMilwaukee
CityMilwaukee
Zip Code53222
AreaMilwaukee
Listing VS Median (in 53222)
Price:
$650,000
low | high
Med:
$169,450
100% of Average
SqFt:
5,749
low | high
Med:
1,506
100% of Average
$ / SqFt:
$113
low | high
Med:
$113
50.482867928368% of Average
On Site:
20
low | high
Med:
9
100% of Average
Listing Updated: 06/02/2020
MLS Number: 1688936
Listing Provided By:
Paul A Rucinski  of  Encore Real Estate Brokerage
Listing data provided by Metro MLS. Copyright {{year}}, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing