For sale· 15 days on market
524 2nd St
Milwaukee, WI, 53204·MLS# 1981874
$2,499,000
Estimated $16,365/mo estimated
- 0
- Bathrooms
- 14,828
- Sq ft
- 0.16 ac
- Lot size
- 1894
- Year built
- $169
- Per sq ft
- Commercial Sale
- Built 1894
About this home
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.
Facts & features
Interior
- Bathrooms
- 0 full
- Living area
- 14,828 sqft
Property
- Type
- Commercial Sale
- Year built
- 1894
- Lot size
- 0.16 acres
Financial
- Annual taxes
- $20,697
- Price / sqft
- $169
Estimate your monthly payment
$16,365/ month estimated
- Principal & interest$13,033
- Property tax$2,291
- Insurance$1,041
Illustrative estimate — not a lending offer.
Location
Milwaukee, WI
Similar homes nearby
Courtesy of Compass RE WI-Northshore
reThought Real Estate
My local team · (407) 974-5509
$2,499,000
0 ba · 14,828 sqft