Mixed-Use Investment Property

1937 W Greenfield AVENUE Milwaukee, WI 53204

Claim this Listing
For Sale
$375,000

Mixed-use building offering commercial street visibility plus residential income potential, with access to major roads.

Type:General Commercial
Property size:
2,385 SF
Price / SF:
$157/SF
Added:
Jul 4, 2026
Days on Market:
9
Last Refresh:
Jul 9 at 3:13 am

Property Features for 1937 W Greenfield AVENUE

General Information

Standard status
Active
Size
2,385 SF
Property subtype
General Commercial

Building Details

Year Built
1910

Listing office EXP Realty, LLC MKE

Listing date Jul 4, 2026

Source Xome

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 EXP Realty, LLC MKE


Investment Insights

Based on property information with market context.

This mixed-use property combines commercial space with residential income potential. Public remarks describe the commercial component as having strong street visibility, and the overall opportunity as suited to either investors or an owner-occupant with the ability to generate rental income alongside operating a business. The buyer is advised to verify room sizes, zoning, and permitted uses.

The property is located at 1937 W Greenfield AVENUE in Milwaukee, WI 53204. According to the public remarks, it sits in a high-traffic area with convenient access to major roads and local amenities.

As a mixed-use asset, it is structured to support both commercial and residential uses within the same building, offering a practical configuration for those evaluating a combined operating and rental income approach.

Key Highlights

  • Mixed‑use building with commercial space plus residential income potential
  • Multi‑family zoning designation
  • 4 parking spaces on‑site

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.9k $22.20
− Vacancy −$6.4k −$2.66
EGI $46.6k $19.54
− OpEx −$17.5k −$7.33
NOI $29.1k $12.21
2,385 SF · lease $22.20/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$416.0K
$364.0K – $485.4K (±1% cap)
NOI $29,121 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.1K
$501.5K – $668.7K (±1% cap)
NOI $40,120 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Gym & Fitness Center Tech Support Center

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use building offering commercial street visibility plus residential income potential, with access to major roads.
Where is this mixed-use property located?
The property is located at 1937 W Greenfield AVENUE Milwaukee, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Mixed‑use building with commercial space plus residential income potential; Multi‑family zoning designation; 4 parking spaces on‑site
Contact an agent
More about this property
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