y Two parking lots adjacent to property included

y Great conversion property

y Church/banquet hall/assembly

y Two apartments upstairs

y New roof and windows in a portion of building

y Future funeral or cemetery uses prohibited

Property Highlights

FOR SALE10,857 SF COMMERCIAL PROPERTY

REDEVELOPMENT OPPORTUNITY

Asking Sale Price: $299,000

1232 North Edison Street | Milwaukee, WI 53202 | 414-271-1870 main | 414-271-1478 fax | WWW. BARRYCRE.COM

The information contained herein was lawfully obtained from sources we consider reliable but may contain errors, omissions, approximations or outdated information. The Barry Company, Inc., its employees and independent contractors make no representations or warranties whatsoever regarding: (1) the accuracy of the information contained herein and (2) the physical or environmental condition of this property or any part of this property. Prospective purchasers are strongly encouraged to conduct an independent investigation of the condition of this property.

1603 S. 81st Street Suburban MilwaukeeWest Allis, WI 53227

David J. Buckley Senior Vice President

414-272-6730 dbuckley@barrycre.com

CONTACT:

FOR SALE10,857 SF COMMERCIAL PROPERTY

REDEVELOPMENT OPPORTUNITY

Asking Sale Price: $299,000

1232 North Edison Street | Milwaukee, WI 53202 | 414-271-1870 main | 414-271-1478 fax | WWW. BARRYCRE.COM

The information contained herein was lawfully obtained from sources we consider reliable but may contain errors, omissions, approximations or outdated information. The Barry Company, Inc., its employees and independent contractors make no representations or warranties whatsoever regarding: (1) the accuracy of the information contained herein and (2) the physical or environmental condition of this property or any part of this property. Prospective purchasers are strongly encouraged to conduct an independent investigation of the condition of this property.

CONTACT:

David J. Buckley Senior Vice President 414-272-6730 dbuckley@barrycre.com

1603 S. 81st Street Suburban MilwaukeeWest Allis, WI 53227

Building Size: 10,857 sq ft

Vacant Size: 10,857 sq ft

Building Dimensions: Irregular

Number of Floors: Two, plus finished basement

Minimum Divisible: 10,857 sq ft

Maximum Contiguous: 10,857 sq ft

Year Built/Renovated: 1924/1983/2013

Ceiling Height: Approximately 8 ft

Construction Type: Masonry-stucco

Garage: 3 car, heated

Power: Single and 3 phase (to be verified)

A/C: Partial

Lighting: Incandescent/fluorescent

Sprinkler: Partial

Lavatories: 6 - two on each floor

Former Use: Funeral home

Site Size: 0.646 acres total

Parking area: 29 spaces total

Zoning: C-2 Commercial Neighborhood District and RB-2 Residential District

Utilities: WE Energies - Municipal

2015 Property Taxes: $24,634.53

Property Specifications

2015 Assessment

452-0327-0011603 S 81st St0.364 ac: Land.. . . . . . . . . . . . . . . .$82,900

Improv... . . . . . . . . . .$742,500 Total..................$825,400 Ratio... . . . . . . . . . . . . . . . . .99.74% EFMV................$827,500 Taxes . . . . . . . . . . . .$22,720.61

452-0314-000(C-2 Neighborhood Commercial District)16XX S 81st St0.165 ac Parking Lot: Land. . . . . . . . . . . . . . . . .$37,700

Improv. . . . . . . . . . . . .$ 10,100 Total. . . . . . . . . . . . . . . . . .$47,800 Ratio... . . . . . . . . . . . . . . . . .99.74% EFMV.. . . . . . . . . . . . . . .$47,400 Taxes . . . . . . . . . . . .$1,235.55

452-0506-000(RB-2 Residential District)16XX S 81st St0.117 ac Parking Lot: Land.. . . . . . . . . . . . . . . .$20,600

I m p r o v. . . . . . . . . . . . . $ 6 ,7 0 0 Total. . . . . . . . . . . . . . . . . .$27,300 Ratio... . . . . . . . . . . . . . . . . .99.74% EFMV.. . . . . . . . . . . . . . .$27,000 Taxes . . . . . . . . . . . .$678.37

TOTAL: Land.................$141,200 Improv.............$759,300 Total..................$900,500 Ratio....................99.74% EFMV................$902,847 Taxes . . . . . . . . . . . .$24,634.53

452-0506-0005,148 SF

452-0314-0007,200 SF

452-0327-00115,948SF

1232 North Edison Street | Milwaukee, WI 53202 | 414-271-1870 main | 414-271-1478 fax | WWW. BARRYCRE.COM

The information contained herein was lawfully obtained from sources we consider reliable but may contain errors, omissions, approximations or outdated information. The Barry Company, Inc., its employees and independent contractors make no representations or warranties whatsoever regarding: (1) the accuracy of the information contained herein and (2) the physical or environmental condition of this property or any part of this property. Prospective purchasers are strongly encouraged to conduct an independent investigation of the condition of this property.

CONTACT:

David J. Buckley Senior Vice President 414-272-6730 dbuckley@barrycre.com

1603 S. 81st Street Suburban MilwaukeeWest Allis, WI 53227