$299,000
MLS #: 1963913
Property Photo
5,280 Sq Ft

Description of 1011 Milwaukee Ave, South Milwaukee, WI 53172

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 of 1011 Milwaukee Ave, South Milwaukee, WI 53172

Listing courtesy of: Compass RE WI-Tosa
TYPE
Industrial
Year Built
1928
Annual Taxes
$5,950.00
Acres
.08
Features
Central air
Brick exterior
Lot acreage is: 0.08
Lot sqft: 3484.8
Lot zoned: Z4 Urban Center
Road frontage: City Street
Carpet
Rubber roof
Full basement
Public sewer
Public water
For sale
Tax year: 2025

Homes for Sale Nearby 1011 Milwaukee Ave, South Milwaukee, WI 53172

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