1851 Milwaukee Street

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1851 Milwaukee Street

Pelican Lake, WI 54463-9733
Asking Price
$375K
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 2,880 SqFt <ul><li>​This property offers numerous possibilities and includes an additional three vacant lots, as well as a two-bedroom home that is currently rented</li><li>​The commercial building has a Milwaukee St. address but has a full front view from Hwy 45, is accessed from Cato St., and is across the street from Pelican Lake</li><li>​Most of the area currently operates as a bait shop, which has a half bath, a finished office, and a lounge area</li><li>​The home is currently rented on a month-to-mon

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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