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Two-Story Mixed-Use Commercial Building
For Sale
$350,000

2504 W Mitchell St #2506, Milwaukee, WI 53204

Vacant space offers retail or office configuration across two levels.

Property Size4,500 SF
Price / SF$77.78
Days on Market36

Property Features for 2504 W Mitchell St #2506

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning LB2

Building Details

Year Built 1961
Buildings 1
Stories 2
Listing Agency: RE/MAX Lakeside-South
Listed By: Mabel Maldonado · License #22416
Source: Housesthatshine
Added: Jul 25 Changed: Aug 28 Last Checked: Aug 28 at 8:23PM

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 RE/MAX Lakeside-South

Investment Insights

Based on property information with market context.

Located at 2504 W Mitchell St #2506 in Milwaukee, this vacant mixed-use commercial building provides two levels of adaptable space. The main floor has an open layout with a ground-floor restroom, while the upper level includes additional flexible space and a separate restroom. A full basement provides room for equipment storage or expanded workspace.

Constructed in 1961 and zoned LB2, the property supports a combination of retail, client-facing, administrative, and office-oriented layouts as described. On-site parking accommodates up to 5 cars. The building is positioned along Milwaukee’s W Mitchell Corridor, with access to downtown Milwaukee and major freeways.

Key Highlights

  • Two‑story vacant commercial building at 2504 W Mitchell St #2506, Milwaukee
  • 4,500 property size with flexible layouts on both levels
  • LB2 zoning and 1961 construction

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Cafe & Coffee Shop Electrical Service Acupuncture

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

770
Businesses Nearby

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 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant space offers retail or office configuration across two levels.
Where is this mixed-use property located?
The property is located at 2504 W Mitchell St #2506 Milwaukee, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑story vacant commercial building at 2504 W Mitchell St #2506, Milwaukee; 4,500 property size with flexible layouts on both levels; LB2 zoning and 1961 construction
More about this property
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