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Two-Story Mixed-Use Building

2506-2504 W Mitchell Street, Milwaukee, WI 53204

For Sale
$350,000

A vacant, two-level property offers flexible open space and separate restrooms on each floor.

Property Size4,500 SF
Price / SF$77.78
Days on Market107

Property Features for 2506-2504 W Mitchell Street

General Information

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

Site & Location

Neighborhood Muskego Way

Taxes and HOA fees

Annual Taxes $4,292

Building Details

Year Built 1961
Buildings 1
Stories 2
Listing Agency: REMAX Lakeside-South
Listed By: Mabel Maldonado · License #7191394
Source: Exprealty
Added: Jul 24 Changed: Nov 4 Last Checked: Nov 6 at 11:39AM

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 REMAX Lakeside-South

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Investment Insights

Based on property information with market context.

This vacant, two-story mixed-use property contains 4,500 square feet and was built in 1961. The ground floor has an open layout and a restroom; the upper level includes additional flexible space and a separate restroom. A full basement provides further space, and the building is zoned LB2.

The property is on W Mitchell Street in Milwaukee, with parking for up to 5 cars. Downtown Milwaukee and major freeways are described as minutes away.

Key Highlights

  • 4,500‑square‑foot building constructed in 1961
  • LB2 zoning
  • Open ground‑floor layout with a restroom

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

Average Price Trend$/SF for Mixed-use properties in Milwaukee, WI

$78.02 Jul
$78.53 Aug
$86.63 Sep
$93.19 Oct

Properties on Market for Mixed-use properties in Milwaukee

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant, two-level property offers flexible open space and separate restrooms on each floor.
Where is this mixed-use property located?
The property is located at 2506-2504 W Mitchell Street 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: 4,500‑square‑foot building constructed in 1961; LB2 zoning; Open ground‑floor layout with a restroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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