Listing courtesy of Melges Real Estate
Property Description
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.
Features
: Central Air
: Full
: Municipal Sewer
Address Map
US
WI
Milwaukee
Milwaukee
53204
Cesar E Chavez
1308
Dr
W88° 4' 2.3''
N43° 1' 4''
S
LB2
Use GPS
Additional Info
Forward Realty Partners
Luxe Haven Group*
Additional Information
2026-10-07
: Municipal Water
7882
: Brick
Financial
10942.2
Listing Information
of27444
Active
2026-10-09T22:34:56Z
MetroMLS
2026-10-07T22:30:19Z
luxehaven
Commercial Sale For Sale
1308 S Cesar E Chavez Dr, Milwaukee, Wisconsin 53204
0.09 Acre
$500,000
Listing ID #1983790
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 1983790
Price : $500,000
Year Built : 1936
Lot Area : 0.09 Acre
Listing Status : Active
Property Sub Type : Commercial/Industrial
Roof : Other
Agent info
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