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    1617 S 1St St Milwaukee, WI 53204

    For Sale
    $724,900

    Commercial/Industrial - Milwaukee, WI

    Property size:
    4,128 SF
    Lot size:
    0.10 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1617 S 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LB2
    APN
    4620035000
    Interior features
    Fixtures, Inventory Included, Living Space Avail., Rest Rooms
    Size
    4,128 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1890
    Floors in Building
    2
    Roof type
    Composition
    Architectural style
    Other

    Juniper Real Estate LLC dba Keller Williams Realty Milwaukee North Shore (414) 962-3605 [email protected]

    Listing agent HIGHMARK Real Estate - Jay Schmidt Group* (414) 962-3605 License #57868-90

    Listing date Nov 14, 2025

    MLS# 1943026 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

    Milwaukee Commercial Property with Income

    This commercial property is located in Milwaukee, Wisconsin. The property includes a 10-room rooming house on the upper level with consistent weekly rents. The lower level is a fully leased bar. The property offers multiple income streams and is located in a vibrant corridor. The property is suitable for investors looking to expand their portfolio or for owner-operators. The property size is 4,128 square feet and the lot size is 0.1 acres. The zoning is LB2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    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.

    Similar Places Nearby

    Plush Hookah Lounge, RSVR Milwaukee, Pink Agave, Cedar Inn, Satchmo's

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.911578
    Latitude
    43.013807

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    FAQs

    What type of property is this?
    Bar - Mixed-use property featuring a rooming house and leased bar.
    Where is this bar located?
    The property is located at 1617 S 1St St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $724,900.
    What are key features of this property?
    This property features: - Multiple streams of income from rooming house and bar.; - Fully leased bar provides steady income.; - 10-room rooming house with consistent weekly rents.
    (414) 962-3605
    Request Owner's contact information
    1617 S 1St 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
    1617 S 1St St Milwaukee, WI 53204
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