This high visibility commercial space, with a 2BR upper rental unit, offers possibilities for the discerning investor. The first floor, formerly Mitchell's Tavern, includes all the furniture and equipment adding to the property's turnkey appeal and providing a more seamless transition for a new owner or operator (license not included). Open concept lay-out with a wrap around central bar, plenty of room for tables and chairs (100 cap per seller) and an inviting outdoor area to relax. The upper unit has a separate entrance and comprises of a spacious LR, eat in Kitchen and 2 good size BR's. The property comes with 57 parking spaces, (re-done in 2020), 2.0 car GA, and a vacant lot (.36 acreage) for future development. New furnace (2021). Outstanding features and location! Check it out today!
Discover a prime investment in a thriving retail corridor: a property occupied by a long-standing national tenant with a firm, extended lease. This retail hub is situated in a dynamic, high-traffic area known for drawing a steady stream of budget-conscious consumers. Featuring outstanding visibility and accessibility, it is strategically located near residential neighborhoods, schools, and key amenities, making it a magnet for continuous foot traffic. The site includes ample parking, enhancing convenience for a daily influx of shoppers. This is more than just a property; it's a gateway to long-term profitability and robust growth potential in a bustling commercial district.
The median home value in Milwaukee, WI is $180,800. This is lower than the county median home value of $222,000. The national median home value is $338,100. The average price of homes sold in Milwaukee, WI is $180,800. Approximately 36.46% of Milwaukee homes are owned, compared to 52.74% rented, while 10.81% are vacant. Milwaukee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milwaukee real estate agent to arrange a tour today!
Milwaukee, Wisconsin 53225 has a population of 578,198. Milwaukee 53225 is less family-centric than the surrounding county with 19.84% of the households containing married families with children. The county average for households married with children is 25.25%.
The median household income in Milwaukee, Wisconsin 53225 is $45,318. The median household income for the surrounding county is $54,793 compared to the national median of $69,021. The median age of people living in Milwaukee 53225 is 31.6 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 34.8 inches per year, with 44.6 inches of snow per year.