In February, there was one commercial property sold:
|Address||Type||Sale Price||Price/SF||Days on Market|
|1150 S Wells St – Lake Geneva||Hospitality||$400,000||$69||672|
There were 55 commercial properties for sale during the same time period. That means 2% of the available properties actually sold during the month. At that pace, it will take 54 months to sell the current supply of available properties
During the same time period, there were 62 properties offered for lease.
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About Beau Beach, CCIM
Beau is an elite Investment Real Estate Broker, Forbes contributor, author, investor and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Beau leads Prowess IRES which specializes in selling investment real estate for the absolute highest price the market will pay in the Milwaukee, Nashville, Chicago and South Florida markets.
Beau can be reached at 414-324-4938 (Milwaukee), 615-927-2868 (Nashville), 312-275-4440 (Chicago), 561-425-9935 (South Florida) or Beau@ProwessIRES.com