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Mixed-Use Commercial Property
For Sale
$30,000
Pending

1118 W North Ave, Milwaukee, WI 53205

Tax foreclosed commercial property with City of Milwaukee forms required for any offer.

Property Size25,260 SF
Days on Market878

Property Features for 1118 W North Ave

General Information

Standard status Pending
Size 25,260 SF

Site & Location

Neighborhood Lake Park
Listing Agency: City of Milwaukee-DCD
Listed By: Rosita Ross · License #6101894
Source: Exprealty
Added: Jun 10, 2024 Changed: Oct 26 Last Checked: Nov 3 at 7:29AM

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 City of Milwaukee-DCD

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Investment Insights

Based on property information with market context.

This tax foreclosed commercial property is being offered with City of Milwaukee forms required for any offer. The available information notes that commercial uses may include office, retail, service business, recording studio, live-work space, restaurant, and catering, subject to applicable requirements.

The property is represented as needing to be taxable, and some uses may require BOZA approval. The remarks also list uses that will not be accepted for this offering, including a parking lot and several other categories such as pawn shop, certain tobacco businesses, and nightlife and adult-oriented uses, as well as other uses described as prohibited by zoning in the provided materials.

Prospective buyers should review the required city forms and any zoning or BOZA approval considerations referenced in the offer materials before submitting a proposal.

Key Highlights

  • Tax foreclosed commercial property in the City of Milwaukee
  • City of Milwaukee special forms required for any offer
  • Zoning allows various commercial uses such as office, retail, service business, recording studio, live‑work space, restaurant, and catering

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

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

1,647
Businesses Nearby

Demographics for 53205, WI

9,397
Population
4,164
Households
2.3
Avg Household Size
30
Median Age
19%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
6,712
Density / Sq Mi
$30,300
Median Household Income
$30,871
Median Earnings
$803
Median Rent
$122,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Tax foreclosed commercial property with City of Milwaukee forms required for any offer.
Where is this office building located?
The property is located at 1118 W North Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Tax foreclosed commercial property in the City of Milwaukee; City of Milwaukee special forms required for any offer; Zoning allows various commercial uses such as office, retail, service business, recording studio, live‑work space, restaurant, and catering
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