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Chimua Yang

chimua.yang@exprealty.com +1(920) 287-9617

Listed by Encore Real Estate Brokerage

$ 850,000

Est. payment -/mo

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N91W16356 Pershing AVENUE Menomonee Falls, WI 53051

7 Beds

2 Baths

5,274 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,274 sqft

Price per Sqft $161

Municipality MENOMONEE FALLS

MLS Listing ID 1986129

Style Other

Bedrooms 7

Full Baths 2

Year Built 1920

Annual Tax Amount $4,626

Tax Year 2025

Lot Size 10,890 Sqft

Property Sub-Type Other

Property Description

Rare Opportunity in heart of Menomonee Falls, WI. RESTAURANT BUSINESS IS REMAINING AND NOT PART OF THE SALE. Mixed use building in downtown Menomonee Falls, WI. Anchor tenant is Restaurant / Bar that has been in business 60 + years. Four apartments (3 bedroom / 2 Bedroom / 1 Bedroom / Studio) and Garage with office combine for multiple income streams. Three of the four apartments have been remodeled in the last 5 years. Apartments rent within DAYS. Within 100 yards of two large high end apartment complexes and multiple retail centers. PRICED TO SELL AT TODAY'S 8.6 CAP RATE with strong potential upside. Short term rentals a possibility due to historic nature of building and zoning and location. Strong Cash flow with significant upside.

Location

State WI

County Waukesha

Zoning PDD

Rooms

Basement Partial

Interior

Heating Natural Gas

Cooling Hot Water/Steam

Inclusions 3 stoves, 3 refrigerators

Equipment Seller Owned: Dryer, Seller Owned: Washer

Appliance Seller Owned: Dryer, Seller Owned: Washer

Building

Story 1 - 2

Sewer Municipal Sewer, Municipal Water

Architectural Style Other

Structure Type Vinyl,Wood

New Construction N

Schools

Middle Schools North

High Schools Menomonee Falls

School District Menomonee Falls

NEARBY SCHOOLS & PROPERTIES

Chimua Yang

Agent License ID: 114688-94

+1(920) 287-9617

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