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Listing Courtesy Of:

Listing Office: Compass RE WI-Tosa

Listing Office Phone: (414) 939-3219

1011 Milwaukee Ave South Milwaukee, WI 53172

$299,000
Active / MLS# 1963913 / Commercial - Retail / South Milwaukee
0 Beds
5280 SqFt

Rare mixed-use investment in revitalizing downtown South Milwaukee--''The Avenue''--steps from the commuter rail station and the area's growing food and beverage scene. This 5,280 SF building offers two commercial storefronts plus three residential apartments, fully occupied with long-term tenants. Recent improvements minimize expense: new upper roof with transferable 25-yr warranty, new parapet flashing, and two newer furnaces (all serviced 2025). Rents are below market, creating strong upside through adjustments, NNN conversion, or repositioning. All residential leases are month-to-month--an owner can occupy, reconfigure, or hold for income. Full basement with double-door alley access adds storage or expansion potential. Ideal for value-add investors and owner-operators.

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Baird & Warner Thomas Venable Agent Cell: 262.818.2113 Email

Property Details

Property Type: Commercial - Retail
Basement: Full
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $5,950
Year Built: 1928

Feature Descriptions

Ceiling Height (AVG): 8-10
Data Source: Metro MLS
Exterior: Brick
Flood Plain: No
Heating/Cooling: Central Air, Forced Air, Natural Gas
Location: Near Public Transit
Miscellaneous: Carpeting, Display Window, Inside Storage, Living Space Avail., Rest Rooms
Parking: 0.00
Proximity to Highway: 5-7 Miles
Road Frontage: Near Public Transit, Paved Road, Town/City Road
Sale Includes: Real Estate, Rental Units
Truck Door Height: No Truck Door
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: Z4 Urban Center

Location

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