Mixed-Use Property with Bar
182 E Lincoln Ave, Milwaukee, WI 53207
For Sale
Contact for pricing
The property pairs a bar and restaurant component with apartments.
Property Size2,376 SF
Price / SF$252.52
Days on Market26
Property Features for 182 E Lincoln Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Anderson Commercial Group
Listed By:
JESSE GOODDEN · License WI WI113530-94
(414) 858-5210
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 6:06PM
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 Anderson Commercial Group
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Investment Insights
Based on property information with market context.
This mixed-use property includes a bar and restaurant component of approximately 2,376 square feet, alongside apartments. The combination brings commercial and residential space together within one property.
Key Highlights
- Approximately 2,376 SF of bar and restaurant space
- Apartments are also part of the mixed‑use property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,146
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,920
$582.9K
Cap Rate 7%
$416,371
$416.4K
Cap Rate 9%
$323,844
$323.8K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$41.3K $17.40/SF
− Vacancy
−$2.5K −$1.04/SF
EGI
$38.9K $16.36/SF
− OpEx
−$9.7K −$4.09/SF
NOI
$29.1K $12.27/SF
Area
Milwaukee, WI
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,920
Cap Rate 7%
$416,371
Cap Rate 9%
$323,844
Alternative Uses
Best Use
Specialty Retail
$416.4K
$364.3K – $485.8K
NOI $29,146 @ 7.0% cap · market cap 4.86%
Second Best
Mixed Use
$414.4K
$362.6K – $483.5K
NOI $29,011 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$571.0K
$499.6K – $666.1K
NOI $39,968 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
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Business Placement
Demographics for 53207, WI
34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Milwaukee, WI
Properties on Market for Mixed-use properties in Milwaukee
Vacancy Rate% for Retail in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property pairs a bar and restaurant component with apartments.
Where is this mixed-use property located?
The property is located at 182 E Lincoln Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Approximately 2,376 SF of bar and restaurant space; Apartments are also part of the mixed‑use property
