Live-Work Property with
3103 N 28th St Milwaukee, WI 53216
New
For Sale
$210,000
COMMERCIAL - Milwaukee, WI
Property Size3,347 SF
Lot Size0.12 Acres
Price / SF$62.74
Days on Market4
Property Features for 3103 N 28th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LB2
Standard status
Active
APN
2860958000
Size
3,347 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2677
Building Details
Year built
1923
Architectural style
Other
Listing Agency:
Realty Executives Integrity~Brookfield
(262) 783-7080
Listed By:
Dionne Barnes · License #57087
(414) 467-8003
Added: Jul 27
Last Checked: Jul 30 at 12:06AM
MLS# 1973491
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.
This live-work property is offered as a single sale and includes a brick two-story residence and a separate brick commercial garage. The home has four bedrooms and one bathroom, with a spacious living and dining area, an eat-in kitchen, two main-floor bedrooms, and two upstairs bedrooms with a sitting room. A basement provides additional storage space.
The separate commercial garage is designed for business use and includes an office, bathroom, and storage room, along with space for up to three commercial vans. The property is zoned LB2.
For prospective occupants or investors seeking an on-site setup, the residence and garage provide distinct areas for daily living and commercial operations within one property.
The separate commercial garage is designed for business use and includes an office, bathroom, and storage room, along with space for up to three commercial vans. The property is zoned LB2.
For prospective occupants or investors seeking an on-site setup, the residence and garage provide distinct areas for daily living and commercial operations within one property.
Key Highlights
- 1923 brick 2‑story home with separate approx. 2000 SF brick commercial garage included in the sale
- Home layout includes 4 bedrooms, 1 bath, and separate living and dining rooms
- Eat‑in kitchen plus a sitting room on the upper level
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.3k | $5.47 |
| − Vacancy | −$897 | −$0.27 |
| EGI | $17.4k | $5.20 |
| − OpEx | −$5.2k | −$1.56 |
| NOI | $12.2k | $3.64 |
3,347 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$583.8K
$510.8K – $681.1K
NOI $40,867 @ 7.0% cap · market cap 19.46%
Second Best
Office B
$546.7K
$478.4K – $637.9K
NOI $38,271 @ 7.0% cap · market cap 18.22%
Theoretical Best
Office A
$804.3K
$703.8K – $938.4K
NOI $56,302 @ 7.0% cap · market cap 26.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Brick two-story home plus a separate commercial garage with office, bathroom, storage, and room for up to three vans.
Where is this live-work space located?
The property is located at 3103 N 28th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 1923 brick 2‑story home with separate approx. 2000 SF brick commercial garage included in the sale; Home layout includes 4 bedrooms, 1 bath, and separate living and dining rooms; Eat‑in kitchen plus a sitting room on the upper level
