Listing courtesy of Melges Real Estate
Property Description
Priced under assessment! Room for rental growth! 6 of 8 spaces are leased, and the street-level commercial tenant is locked in through July 2029, with annual rent increases. One studio remains to lease: at its $550 asking rent, scheduled gross climbs from $62,760 to $69,360 per year, for a projected 11.2 cap rate. Unit 2220-3 is sold as-is, so a buyer who finishes it adds another $8,340 a year in potential rent. The heavy lifting is done: new rubber roof with a transferable warranty and about $31,000 in recent improvements. Bus line at the door and 7,400 cars a day passing the storefront. A full offering memorandum with rent roll, lease summary and pro forma is available!
Features
: Full, Block
: Municipal Sewer
Address Map
US
WI
Milwaukee
Milwaukee
53206
Hopkins
2214
St
W88° 3' 35.2''
N43° 4' 42.5''
W
LB2
W Burleigh St to W Hopkins St, northwest on Hopkins approximately two blocks to property.
Additional Info
RE/MAX United - Cedarburg
Ted Schaar
Additional Information
2026-10-23
: Municipal Water
6792
: Brick
Financial
7283
Listing Information
remx10
Active
2026-10-23T19:50:10Z
MetroMLS
2026-10-23T19:41:37Z
21042
Commercial Sale For Sale
2214 W Hopkins St, Milwaukee, Wisconsin 53206
0.19 Acre
$319,000
Listing ID #1986003
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 1986003
Price : $319,000
Year Built : 1928
Lot Area : 0.19 Acre
Listing Status : Active
Property Sub Type : Commercial/Industrial
Roof : Rubber
Agent info
Contact Agent
