$500,000

1308 S Cesar E Chavez Dr, Milwaukee WI, 53204

Price per sqft$63.44

Built in1936

Property size7,882 sqft

Property typeCommercial

Courtesy of Forward Realty Partners, 414-426-9964

Overview

Active

Listed Oct 7, 2026

Updated 3 days ago

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.

Additional information

MLS^® ID: 1983790

Interior Features

Bathrooms: 0
Cooling: Yes
Basement: Yes

Exterior Features

Lot Size: 0.09 Acres

Other Property Details

Taxes: $10,942
Tax Frequency: Annually

Courtesy of Forward Realty Partners

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