1011 Milwaukee Ave, South Milwaukee, WI 53172
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Justin Jenkins

Justin Jenkins

+1(414) 526-8747
Listed by William Backes Compass RE WI-Tosa
$ 299,000
Est. payment | /mo

5,280 SqFt

Save
$ 299,000
Est. payment | /mo
Save

5,280 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Contingent

Purchase Type For Sale

Square Footage 5,280 sqft

Price per Sqft $56

MLS Listing ID 1963913

Year Built 1928

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. 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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Justin Jenkins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(414) 526-8747

contact@aboveandbeyondreps.com

1017 W Glen Oaks Ln STE 169, Mequon, Wisconsin 53092, USA

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1011 Milwaukee Ave