Commercial Buildings for Sale

Current Listings
6330 West Appleton Avenue (Offers may be submitted at any time)
3742-44 North Teutonia Avenue (Offer Pending)

How to Buy:

Contact a licensed real estate broker to inspect the property. (Commercial Association of REALTORS Wisconsin or the Greater Milwaukee Association of Realtors)
Download two City documents needed to make an offer:

Prepare a scope of work for needed repairs, renovations and improvements
Find a lender and become prequalified for financing
Submit the offer through your broker
Obtain final contracts and firm financing for repairs
Close with the City and lender
Apply for a Certificate of Occupancy with the City Development Center immediately after closing. Information on the Certificate and required inspections is available at:

Occupancy Certificate
Occupancy Inspections
Obtain building permits and start work as outlined for the Certificate of Occupancy

NOTE: All buyers must conform to City Buyer Policies

Brokers: Here's what you need to know...

Call 286-5730 for information on how to access the property.
Show the property to the prospective buyer.
Write an offer on the City Commercial Offer to Purchase and have the buyer complete the Proposal Summary. Submit both documents prior to the established offer deadline to:

City Real Estate Office, 2nd Floor, 809 North Broadway, Milwaukee, Wisconsin, 53202
or
fax to 286-0395
Collect the Earnest Money, hold it in Broker's Trust Account and provide City with a copy of the check.
Receive and forward a copy of the accepted offer to the Buyer.
Monitor and assist buyer with financing and contracting issues.
Forward verification of funds for purchase and rehabilitation to City.
Help coordinate a closing within 90 days of Offer Acceptance or Earnest Money is forfeited.
Offers may be extended for ONLY one 45-day period upon submission of a $500 extension fee.
Conduct the final walk through shortly before closing.
Receive your commission of 7% or $3,000, whichever is greater.