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Historic Limestone Office Building
For Sale
$985,000

1749 N Prospect Ave, Milwaukee, WI 53202

Y, Milwaukee, WI

Property Size9,765 SF
Lot Size0.25 Acres
Price / SF$100.87
Days on Market462

Property Features for 1749 N Prospect Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning RM7
Directions GPS
Standard status Active
APN 3550001000
Size 9,765 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 26117

Building Details

Year built 1876
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: Segal Goldman Realty Group* · License #7654594
Added: Jun 2, 2025 Changed: Sep 4 Last Checked: Sep 6 at 6:06AM
MLS# 1920620

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1876, this 9,765-square-foot, three-story limestone property at 1749 N Prospect Ave combines historic architecture with an established commercial layout. The first two floors provide approximately 3,500 square feet each for office use, while the third floor contains nearly 2,800 square feet configured with a ballroom and residence. Generous room dimensions and a central corridor support a range of office configurations within the existing structure.

The property occupies 0.25 acres in Milwaukee, WI, and carries RM7 zoning. Its prior uses include a hospital and office headquarters, while the building’s earlier history includes residential occupancy by prominent Milwaukee families. The combination of office areas, event-oriented space, and a residential component creates a varied interior program within a single historic building.

Key Highlights

  • 9,765‑square‑foot office building on 0.25 acres
  • Three‑story limestone building constructed in 1876
  • Two office floors of approximately 3,500 sf each

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service Cosmetic Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,848
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story commercial property with dedicated office areas, a ballroom, and a residential component.
Where is this office building located?
The property is located at 1749 N Prospect Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 9,765‑square‑foot office building on 0.25 acres; Three‑story limestone building constructed in 1876; Two office floors of approximately 3,500 sf each
More about this property
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