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Mixed-Use Building with Apartments
For Sale
$999,000

2532 W Wisconsin Ave, Milwaukee, WI 53233

Corner-lot property combines leased commercial space with studio and one-bedroom apartments.

Property SizeContact for details
Days on Market512

Property Features for 2532 W Wisconsin Ave

General Information

Standard status Active
Property subtype Commercial/Industrial

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $9,111
Listing Agency: Smart Asset Realty Inc
Listed By: Adam J McCarthy · License #58319-90
Source: Exitrealty
Added: May 23, 2025 Changed: Sep 29 Last Checked: Sep 29 at 8:42AM

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 Smart Asset Realty Inc

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Investment Insights

Based on property information with market context.

Located at 2532 W Wisconsin Ave in Milwaukee, this mixed-use building brings together commercial and residential components in one property. The commercial portion contains 5 units leased to businesses, while the residential area includes 12 apartments configured as studios and one-bedroom units.

Many of the apartments have long-term tenants in place. The property occupies a corner lot and includes a tenant parking lot, adding on-site parking for occupants and commercial users. Its combination of leased commercial space and apartment housing creates a varied property configuration at a Milwaukee address.

Key Highlights

  • 5 commercial units leased to businesses
  • 12 residential apartments
  • Apartment mix includes studios and one‑bedroom units

Property Analytics

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Current Use

Captain Hooks Fish ... Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm Garden Center Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby

Demographics for 53233, WI

15,531
Population
5,531
Households
2.8
Avg Household Size
25
Median Age
17%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
8,628
Density / Sq Mi
$20,306
Median Household Income
$10,060
Median Earnings
$846
Median Rent
$132,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-lot property combines leased commercial space with studio and one-bedroom apartments.
Where is this mixed-use property located?
The property is located at 2532 W Wisconsin Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 5 commercial units leased to businesses; 12 residential apartments; Apartment mix includes studios and one‑bedroom units
More about this property
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