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Commercial Property in Wisconsin

Address: 6217-6301 West Greenfield Ave West Allis 53214

Approximate value $: 490,000 (city assessed)

No gimmicks here just a 39K sq ft property with a city repair order on the property. (Means you need to accomplish some work and invest some money in the property) (HVAC, Plumbing, Electrical)
It was formerly owned by a church, church went bankrupt, bank foreclosed, then bank let it sit vacant for 2 years.
The church put some money into this building, front (6 point) area was to be a coffee shop and is PERFECT for a restaurant or major type retail use. Ideal for a health related entity as well due to location.
There is lots of NEW DEVELOPMENT (CONDOS/APTS ETC...) in the area already.
City wants development at this VERY IMPORTANT corner of West Allis WI. Apts? Mixed use? Music Studio, existing movie theater use?
Make no mistake this is a huge piece of property. We purchased it for 30K and to date have put in 45K.
We are relocating and do not wish to manage from afar. We own this free and clear!
Again this is not a gimmick nor scam, BUT if you are not serious please do not waste our time.
It is sold/traded AS IS and taxes are approx $14,200 for 2010
Building has two billboards on roof. Potential for income is enormous.

The Paradise Theater inside of property was built in 1929 seats 1095 and is in amazing condition! LOTS AND LOTS of potential for this property.
Includes:
9000 sq ft 1929 single screen theater, seats approx 1095 (IN EXCELLENT CONDITION)
4 storefronts Approx 8900 sq ft
Offices Approx 16 @ 12000 sq ft
Mixed retail space (wide open) Approx 6700 sq ft
Misc storage etc... Approx 2040 sq ft

City assessed @ 490K
Approx 39K total sq ft
PREMIER LOCATION:
Perfect for... A CHURCH!!
or...artist studios, office incubator
development, music studios, coffee house, restaurant(s) re-use, as-is etc...
6 Point intersection in West Allis WI.
6217 - 6301 West Greenfield Ave

City issues. (Repair order)
We are relocating. Must sell/trade ASAP!
Owned Free & Clear
Only serious inquires only and
ABSOLUTELY NO REALTORS FOR LISTING! NOT INTERESTED, UNLESS YOU WANT TO PURCHASE
Call 414.702.0042 and leave message to schedule an appointment or email.
Thank you

In exchange for Property in Any state

Approximate value $ : 85,000 and higher

ID: 8968, Submitted: 10/21/2010 15:58:22, Updated: 10/21/2010 18:03:51, Visitors: 2436

   

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