AndreaDavitt
SQUARE FEET14,828
MLS#1981874
STATUSActive
PROPERTY TYPECommercial - Industrial
Listing Courtesy of:
Compass RE WI-Northshore
Property Description
Own an entire 14,828 SF fully leased mixed-use building in the heart of Walker's Point, one of Milwaukee's most vibrant dining and entertainment districts. 524 S 2nd St pairs established commercial tenants with two upper-level residential apartments, generating $192,000 in annual gross rent across four income streams. Vendetta occupies the lower level and Glassnote the second floor, with both apartments leased, and the lower-level tenant contributes toward water to help offset operating costs. Steps from the neighborhood's best restaurants, breweries, and nightlife, with quick access to downtown, the Third Ward, and I-94/I-794. A strong fit for investors seeking stable, diversified income in a high-demand urban location. Pro forma and rent roll available upon request.
Property Features
Property Type: Commercial - Industrial
Basement: Yes
Lot Size: 0.16 Acres
Roof Type: Rubber/Membrane
Taxes: $20,697
Year Built: 1894
Feature Descriptions
Basement: Full
Ceiling Height: 16 - 20 feet
Commercial Features: Expenses Include: Property Insurance, Expenses Include: Repair & Maintenance, Expenses Include: Utilities, Truck Door Height: 9 - 12 Feet, Truck Door(s), Freight Elevator(s), Living Space
Data Source: WIREX_METRO
Days on Site: 4
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-Northshore
Shown By
Agent Name: Andrea Davitt
Agent Phone: (608) 957-3136
Agency Title: Stark Company Realtors
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524 S 2nd Street | MLS# 1981874
This commercial property located at 524 S 2nd Street, Milwaukee, WI 53204 is currently listed for sale with an asking price of $2,499,000. Search Milwaukee real estate on adavitt.starkhomes.com today.