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Historic Retail Entertainment Building
For Sale
Contact for pricing
Pending

1428 N Farwell Ave, Milwaukee, WI 53202

Historic mixed-use redevelopment opportunity with second-floor space and at-grade storefronts, sold vacant.

Property SizeContact for details
Days on Market142

Property Features for 1428 N Farwell Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Realty Executives Integrity Brookfield
Listed By: Timothy Martinez · License #WI 59365-90
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Aug 29 at 2:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Integrity Brookfield

Investment Insights

Based on property information with market context.

This historic landmark building occupies the entire lot and is being offered as a vacant redevelopment opportunity. The property features expansive and ornate ceilings on the second floor, with the main entry including barrel ceilings and an original ticket booth leading into the Dorsey Dance Academy space on the second floor.

At-grade storefronts provide street-facing presence, and one of the at-grade retail fronts has been remodeled as an example. The building relies on foot traffic and street parking, and it is within walking distance of the Brady Street nightclubs.

The second floor could be developed as an entertainment venue, with a likely first-floor concept of specialty retail shops designed to serve the upstairs entertainment traffic. The listing may also be compatible with mixed-use, nightclub, or other aggregation scenarios, subject to redevelopment planning.

Key Highlights

  • Historic Milwaukee landmark building with European architecture and expansive, ornate second‑floor ceilings
  • Second‑floor space includes original barrel‑ceiling main entry and ticket booth; could be developed as an entertainment venue
  • At‑grade storefronts include at least one remodeled storefront as an example for future leasing or tenant buildouts

Property Analytics

Current Use

Affiliated Medical Services Family Planning Center Joanne Kennedy Coffman Physician Smith Bernard MD Family Planning Center Mary Simon Alternative Medicine Practice Dr. Stewart M. ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Florist Home Appliance Store Grocery & Convenience Store Pet Grooming Service

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

3,005
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 Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Historic mixed-use redevelopment opportunity with second-floor space and at-grade storefronts, sold vacant.
Where is this retail space located?
The property is located at 1428 N Farwell Ave Milwaukee, WI.
What are key features of this property?
This property features: Historic Milwaukee landmark building with European architecture and expansive, ornate second‑floor ceilings; Second‑floor space includes original barrel‑ceiling main entry and ticket booth; could be developed as an entertainment venue; At‑grade storefronts include at least one remodeled storefront as an example for future leasing or tenant buildouts
More about this property
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