Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    424 W Cherry St Milwaukee, WI 53212

    For Sale
    $3,900,000

    Large site near downtown Milwaukee with redevelopment potential.

    Property size:
    46,767 SF
    Lot size:
    2.06 Acres

    Property Features for 424 W Cherry St

    General Information

    Size
    46,767 SF
    Lot size
    2.06 Acres

    Source: The Barry Company Agent David L. Barry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Haymarket Square Redevelopment Opportunity

    This property, located in Haymarket Square and overlooking downtown Milwaukee, presents a redevelopment opportunity. The site features high ceiling heights on two levels and includes a large, fenced-in parking area. It offers quick access to the interstate and is situated blocks from the Bucks Deer District. The property is also located one block from the new $300M Milwaukee Public Museum. The property contains 46,767 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Transit Express Transportation Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Old World 3rd St Car Storage, Nearby Storage Units, Milwaukee Document Scanning, Life Storage - Milwaukee, ERO Moving

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9168886
    Latitude
    43.0502198

    Nearby Similar for Sale

    • $150,000
      0.12 Acres

      Renovated Duplex in Milwaukee, WI

      Move-in ready 5-bedroom duplex with modern finishes and spacious backyard.
      2619 N 33Rd St, Milwaukee, WI 53210
      View Details
    • $1,800,000
      119,000 SF

      Unique Multi-Building Redevelopment Opportunity

      Four buildings with diverse potential in Milwaukee, Wisconsin.
      4700 N 39Th St, Milwaukee, WI 53209
      View Details
    • $350,000
      0.08 Acres

      Riverwest Duplex with Original Details

      Charming Milwaukee duplex featuring original details and updated kitchens.
      3121 N Dousman St, Milwaukee, WI 53212
      View Details
    • $269,900
      0.08 Acres

      Well-Maintained Duplex Near State Fair Park

      Two-unit property with recent upgrades and income potential.
      521 S 75Th St, Milwaukee, WI 53214
      View Details
    • $429,900
      0.09 Acres

      Updated Bay View Income Property

      Updated triplex with Airbnb potential in the heart of Bay View.
      1821 E Oklahoma Ave, Milwaukee, WI 53207
      View Details
    • $870,000
      7,868 SF

      Riverwest Mixed-Use Investment Opportunity

      Fully leased mixed-use building in Riverwest with strong cash flow.
      2600 N Booth St, Milwaukee, WI 53212
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large site near downtown Milwaukee with redevelopment potential.
    Where is this warehouse located?
    The property is located at 424 W Cherry St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Rare, Large Site In Haymarket Square; - Huge On-Site Fenced-In Parking Area; - Just 1 Block To The New $300M Milwaukee Public Museum
    (414) 803-4988
    Request Owner's contact information
    424 W Cherry St Milwaukee, WI 53212
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    424 W Cherry St
    Milwaukee, WI 53212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    424 W Cherry St Milwaukee, WI 53212
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.