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Turn-Key Restaurant with Kitchen Hood
For Lease
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2850-2862 N Oakland Ave, Milwaukee, WI 53211

Restaurant includes walk-in coolers and freezers, plus four apartments above.

Space Size3,500 SF
Days on Market862

Property Features for 2850-2862 N Oakland Ave

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL
Lease Type Modified Gross

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Space Use Restaurant

Amenities

party room with fireplace

Spaces For Lease

at 2850-2862 N Oakland Ave Contact us

Prime Retail Space Near UWM - Turn-Key Restaurant $16 – $18/SF/Yr

Floor
1
Size
3,500 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
• Turn-Key Restaurant • Located just a few block away from the UWMilwaukee...
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Listing Agency: Colliers - Milwaukee
Listed By: Russell Sagmoen
Source: Moodyscre
Added: May 6, 2024 Changed: Aug 16 Last Checked: Sep 13 at 10:10AM

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 Colliers - Milwaukee

Investment Insights

Based on property information with market context.

Turn-key restaurant space at 2850-2862 N Oakland Ave, Milwaukee, WI 53211, totaling 3,500 SF. The restaurant is equipped with a hood (20 ft), walk-in coolers and freezers, and 20 taplines, along with newer HVAC. An added party room with fireplace supports group gatherings and events.

The property is located just a few blocks away from the UWMilwaukee campus (27,156 students), in a dense, walkable neighborhood. Nearby restaurants and retailers listed include Oakland Gyros, Subway, Cheba Hut, Cousins Subs, Buffalo Wild Wings Go, and Walgreen’s.

Four apartments are located above the restaurant, providing mixed-use functionality within the same building.

Key Highlights

  • 3,500 SF turn‑key restaurant at 2850‑2862 N Oakland Ave
  • 20 ft hood, walk‑in coolers and freezers
  • 20 taplines for draft service

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Daycare Center Barber Shop

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53211, WI

36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
9,082
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value

Market

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant includes walk-in coolers and freezers, plus four apartments above.
Where is this conventional restaurant located?
The property is located at 2850-2862 N Oakland Ave Milwaukee, WI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 3,500 SF turn‑key restaurant at 2850‑2862 N Oakland Ave; 20 ft hood, walk‑in coolers and freezers; 20 taplines for draft service
(414) 278-6810 Call to check price and availability
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