1011 Milwaukee Ave, South Milwaukee, WI 53172
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Listed by William P Backes Compass RE WI-Tosa
$ 299,000
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1011 Milwaukee Ave South Milwaukee, WI 53172

5,280 SqFt


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Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,280 sqft

Price per Sqft $56

MLS Listing ID 1963913

Annual Tax Amount $5,950

Tax Year 2025

Acres 0.08

Property Sub-Type Commercial/Industrial

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.

Location

State WI

County Milwaukee

Zoning Z4 Urban Center

Direction Take I-94 to College Ave (Hwy 32), head east to Milwaukee Ave, turn south. Property on the 1000 block in downtown South Milwaukee, near the commuter rail station. On-street parking.

Rooms

Basement Full

Interior

Cooling Central Air

Inclusions Residential Kitchen Appliances in Units 1-3

Exterior

Roof Type Rubber

Exclusions Seller and Tenants Personal/Business Property

Building

Building Description Brick, Carpeting,Display Window,Rest Rooms,Inside Storage,Living Space Avail

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick

Others

Tax ID 7710047000


Metro MLS IDX  (Broker Only)

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Tiana Scott
Tiana Scott

Relocation Expert

+1(720) 989-0539 | tianascottrealty@gmail.com

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1011 Milwaukee Ave