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2600-2604 W Fond Du Lac Ave 13,953 SF Industrial Building Milwaukee, WI 53206 $918,790 CAD ($65.85 CAD/SF) 20.24% Cap Rate
Investment Highlights
- • 12,750 SF (Approx. 4,250 SF/floor) • $180,000 in Renovations Since 9/2024 • Rent Roll Increased from $700 to $12,675 Monthly
Executive Summary
CASH FLOW IMMEDIATELY in this unique opportunity own a MASSIVE WAREHOUSE located on a highly-visible portion of an uproaring area where Sherman Park meets Lindsay Heights just STEPS from iconic Fondy Farmers Market! Currently FULLY rented & housing MKE's most productive dreamers & makers, serving a plethora of clients including podcasters, musicians, beauty shops & more!, This all-brick self-managed BEAUTY is currently bringing in ~$13k a month! About 20 parceled units! FULL FACELIFT to bathrooms & communal kitchen, in addition to unit customizations have received some NEW HVAC, electric, plumbing & finishings! Outside has new fence, blacktops, lighting, security paint & doors. This diverse hub has no problem attracting business of all natures - make it your next adventure TODAY!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$214,316
|
$15.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$214,316
|
$15.36
|
| Taxes |
-
|
-
|
| Operating Expenses |
$28,337
|
$2.03
|
| Total Expenses |
$28,337
|
$2.03
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $214,316 |
| Annual Per SF | $15.36 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $214,316 |
| Annual Per SF | $15.36 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $28,337 |
| Annual Per SF | $2.03 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,337 |
| Annual Per SF | $2.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $918,790 CAD | Lot Size | 0.18 AC |
| Price Per SF | $65.85 CAD | Rentable Building Area | 13,953 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Cap Rate | 20.24% | Year Built | 1921 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Cross Streets | W Hickory St |
| Building Class | C | ||
| Zoning | LB2 - Commercial Local Business | ||
| Price | $918,790 CAD |
| Price Per SF | $65.85 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 20.24% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.18 AC |
| Rentable Building Area | 13,953 SF |
| No. Stories | 3 |
| Year Built | 1921 |
| Tenancy | Single |
| Cross Streets | W Hickory St |
| Zoning | LB2 - Commercial Local Business |
Amenities
- Bus Line
- Fenced Lot
1 1
Property Taxes
| Parcel Number | 325-1397-100-0 | Improvements Assessment | $208,940 CAD (2024) |
| Land Assessment | $7,759 CAD (2024) | Total Assessment | $216,698 CAD (2024) |
Property Taxes
Parcel Number
325-1397-100-0
Land Assessment
$7,759 CAD (2024)
Improvements Assessment
$208,940 CAD (2024)
Total Assessment
$216,698 CAD (2024)
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2600-2604 W Fond Du Lac Ave
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