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    1117 W Mitchell St Milwaukee, WI 53204

    For Sale
    $299,900

    Retail - Milwaukee, WI

    Type:Retail
    Property size:
    5,262 SF
    Lot size:
    0.08 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 1117 W Mitchell St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    LB2
    APN
    4610605000
    Interior features
    Display Window, Office(s), Rest Rooms
    Size
    5,262 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    RE/MAX Lakeside (414) 967-0506 [email protected]

    Listing agent Yoon Soo Kim (414) 325-0000 License #52186-94

    Listing date Sep 25, 2025

    MLS# 1936534 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on Historic Mitchell

    This mixed-use building, home to the well-established John's Jewelry for 25 years, is available due to the owner's retirement. Located in the heart of Historic Mitchell Street, the property features a storefront and residential units. The main floor offers over 3000 square feet of space, including double show windows, a secured custom-made display area, three office rooms, a full bath, and an attached garage. Upstairs, there are two 2-bedroom apartments with solid tenants, generating a combined monthly income of $1450 (front unit at $800/month, rear unit at $650/month). The building is situated on a 0.08-acre lot. This setup is suitable for continuing an existing business or other ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.926141
    Latitude
    43.012026

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    FAQs

    What type of property is this?
    Mixed-use property - Storefront with residential income in Milwaukee's Historic Mitchell Street.
    Where is this mixed-use property located?
    The property is located at 1117 W Mitchell St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Established mixed-use building with a 25-year operating history in the heart of Historic Mitchell St.; - Consistent income generation from two upstairs 2-bedroom apartments totaling $1450/month.; - Over 3000 sq ft of main floor storefront space with **double show windows, ideal for various businesses.**
    (414) 325-0000
    Request Owner's contact information
    1117 W Mitchell St Milwaukee, WI 53204
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    Milwaukee, WI 53204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1117 W Mitchell St Milwaukee, WI 53204
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