SQUARE FEET5,280
MLS#1963913
STATUSActive
PROPERTY TYPECommercial - Business
Listing Courtesy of:
Compass RE WI-Tosa
Property Description
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.
Property Features
Property Type: Commercial - Business
Basement: Yes
Lot Size: 0.08 Acres
Roof Type: Rubber/Membrane
Taxes: $5,950
Year Built: 1928
Feature Descriptions
Basement: Full
Ceiling Height: 8 - 10 feet
Commercial Features: Expenses Include: Property Insurance, Expenses Include: Repair & Maintenance, Expenses Include: Taxes-Pers. Property, Expenses Include: Utilities, Carpeting, Display Window, Inside Storage, Living Space, Restroom(s)
Data Source: WIREX_METRO
Exterior: Brick, Brick/Stone
Heating/Cooling: Central Air, Forced Air
Heating Fuel: Natural Gas
Real Estate Included: Yes
Water/Waste: Municipal Sewer, Municipal Water
Listed By / Shown By
Listed By
Agency Name: Compass RE WI-Tosa
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
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1011 Milwaukee Avenue | MLS# 1963913
This commercial property located at 1011 Milwaukee Avenue, South Milwaukee, WI 53172 is currently listed for sale with an asking price of $299,000. Search South Milwaukee real estate on www.starkhomes.com today.