Mixed-Use Building with Restaurant
For Sale
$370,000
2039-2037 W National Avenue, Milwaukee, WI 53204
Two upper residential units plus main-level kitchen hookups create flexible, income-producing live-work utility.
Property SizeContact for details
Days on Market113
Property Features for 2039-2037 W National Avenue
General Information
Standard status
Active
Total Parking Spaces
8
Occupancy
100%
Additional Details
Multifamily Units
2
Listing Agency:
Karisma Realty LLC
(414) 712-8047
Listed By:
Maria Vergara
(414) 712-8047
Source:
Exprealty
Added: Apr 16
Changed: Jul 10
Last Checked: Jul 31 at 4:36PM
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 Karisma Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes a versatile commercial space on the main level with kitchen hookups, supporting uses such as a restaurant or community-focused business concept. The property also has two residential units above, both currently occupied by long-term tenants. In addition, there is a large garage and driveway accommodating up to eight vehicles, which can support tenant and customer parking needs. The building is fully rented on a month-to-month basis.
Rental income is currently generated from four components: the Upper Back Unit (3 bedrooms) at $1,300 per month, the Upper Front Unit at $1,000 per month, the Lower Unit at $1,500 per month, and the Garage at $240 per month. Market signage is noted as part of the commercial offering. The property is located at 2039-2037 W National Avenue in Milwaukee, WI.
For an owner-operator or investor, the configuration offers an opportunity to combine a use-ready main-level commercial space with two occupied residential units above. Tenants looking for flexibility in the commercial area may find the presence of kitchen hookups particularly useful, while the on-site parking and already-established rental stream can help simplify operations from day one. Any buyer should confirm rent rolls, MTM terms, and operating details during due diligence.
Rental income is currently generated from four components: the Upper Back Unit (3 bedrooms) at $1,300 per month, the Upper Front Unit at $1,000 per month, the Lower Unit at $1,500 per month, and the Garage at $240 per month. Market signage is noted as part of the commercial offering. The property is located at 2039-2037 W National Avenue in Milwaukee, WI.
For an owner-operator or investor, the configuration offers an opportunity to combine a use-ready main-level commercial space with two occupied residential units above. Tenants looking for flexibility in the commercial area may find the presence of kitchen hookups particularly useful, while the on-site parking and already-established rental stream can help simplify operations from day one. Any buyer should confirm rent rolls, MTM terms, and operating details during due diligence.
Key Highlights
- Fully rented mixed‑use building with main‑level commercial space and two upper residential units
- Two occupied upper residential units: upper back 3BR ($1,300) and upper front ($1,000)
- Lower unit occupied and rented at $1,500
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Explore this area
Business Placement
Demographics for 53204, WI
39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two upper residential units plus main-level kitchen hookups create flexible, income-producing live-work utility.
Where is this mixed-use property located?
The property is located at 2039-2037 W National Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Fully rented mixed‑use building with main‑level commercial space and two upper residential units; Two occupied upper residential units: upper back 3BR ($1,300) and upper front ($1,000); Lower unit occupied and rented at $1,500
