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$ 2,499,000
Est. payment | /mo
14,828 SqFt
$ 2,499,000
Est. payment | /mo
14,828 SqFt
Key Details
Property Type Commercial
Sub Type Manufacturing,Office(s),Service,Retail,Restaurant/Supper Club,Salon/Barber Shop,Tavern/Bar
Listing Status Active
Purchase Type For Sale
Square Footage 14,828 sqft
Price per Sqft $168
MLS Listing ID 1981874
Year Built 1894
Annual Tax Amount $20,697
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Manufacturing,Office(s),Service,Retail,Restaurant/Supper Club,Salon/Barber Shop,Tavern/Bar
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.
Location
State WI
County Milwaukee
Zoning IM
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Roof Type Rubber/Membrane
Building
Story 4
Sewer Municipal Sewer, Municipal Water
New Construction N
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Listed by Compass RE WI-Northshore