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    1550 N Farwell Ave Milwaukee, WI 53202

    For Sale
    $1,475,000

    Restaurant and event space with parking in prime location.

    Property size:
    6,186 SF
    Lot size:
    0.14 Acres

    Property Features for 1550 N Farwell Ave

    General Information

    Size
    6,186 SF
    Lot size
    0.14 Acres

    Source: Colliers - Milwaukee Agent Russell Sagmoen

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

    Overview

    Turn-Key Restaurant & Event Space

    This is a turn-key restaurant and event space located on Farwell Avenue in the lower East Side. The property has a capacity of 300 people and includes a parking lot with approximately 25 spaces. It features an approximately 10-foot hood, a walk-in cooler, and a walk-in freezer. The property is 6,186 square feet. Note: This listing is confidential; please do not disturb the employees.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maharaja Indian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.8942499
    Latitude
    43.0505234

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    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant and event space with parking in prime location.
    Where is this turn key restaurant located?
    The property is located at 1550 N Farwell Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: - Prime lower East Side location along Farwell Ave.; - Rare turn-key restaurant & event space.; - Includes parking lot with Approx. 25 spaces.
    (414) 278-6810
    Request Owner's contact information
    1550 N Farwell Ave Milwaukee, WI 53202
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    Milwaukee, WI 53202
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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
    1550 N Farwell Ave Milwaukee, WI 53202
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