Vacant Freestanding Retail
For Sale
Contact for pricing
2931 S Chicago Avenue, South Milwaukee, WI 53172
Fee-simple retail property with large paved parking field and prominent frontage on a primary commercial corridor.
Property Size60,196 SF
Lot Size5.65 Acres
Price / SF$1.66
Days on Market54
Property Features for 2931 S Chicago Avenue
General Information
Standard status
Active
Size
60,196 SF
Class
C
Total Parking Spaces
249
Lot size
5.65 Acres
Property subtype
Retail
Zoning
Commercial District and Manufacturing District
Investment Type
Redevelopment
Site & Location
Traffic Count
11,306 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1967
Year Renovated
2005
Stories
1
Listing Agency:
Marcus & Millichap - Fort Lauderdale
Listed By:
Philip Kates · License #FL 3235872
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 31 at 3:28PM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The property is a vacant, free-standing single-story retail building constructed in 1967 and renovated in 2005. The site includes a large-format building totaling 60,196 square feet on a 15.65-acre parcel, along with 249 surface parking spaces to support high-capacity customer visits. The property also features monument signage and two points of ingress/egress, providing straightforward site access for retail operations.
Located at 2931 S Chicago Avenue in South Milwaukee, the property has strong visibility along S Chicago Avenue (Highway 32), identified as one of the area’s primary commercial corridors. It sits at the signalized entrance to Grant Park Plaza and is immediately adjacent to a Walgreens-anchored shopping center and a free-standing McDonald’s, positioning it in the midst of an established retail node.
The building’s size, functional layout, and expansive parking field make it suitable for a range of retail and service-oriented concepts, including grocery and convenience, fitness and entertainment, medical and educational uses, self-storage conversion, and other service tenants. The property is zoned C-2 (Commercial District) and M-2 (Manufacturing District), with the existing retail use supported by conditional use approval. Previously occupied by Pick ’n Save through December 2025, the property offers an immediate opportunity for lease-up, redevelopment, or owner-user occupancy, supported by flexible zoning for commercial and industrial-oriented occupancies.
Located at 2931 S Chicago Avenue in South Milwaukee, the property has strong visibility along S Chicago Avenue (Highway 32), identified as one of the area’s primary commercial corridors. It sits at the signalized entrance to Grant Park Plaza and is immediately adjacent to a Walgreens-anchored shopping center and a free-standing McDonald’s, positioning it in the midst of an established retail node.
The building’s size, functional layout, and expansive parking field make it suitable for a range of retail and service-oriented concepts, including grocery and convenience, fitness and entertainment, medical and educational uses, self-storage conversion, and other service tenants. The property is zoned C-2 (Commercial District) and M-2 (Manufacturing District), with the existing retail use supported by conditional use approval. Previously occupied by Pick ’n Save through December 2025, the property offers an immediate opportunity for lease-up, redevelopment, or owner-user occupancy, supported by flexible zoning for commercial and industrial-oriented occupancies.
Key Highlights
- Fee‑simple vacant, free‑standing retail property at 2931 S Chicago Avenue in South Milwaukee, WI
- Built in 1967 and renovated in 2005; single‑story 60,196 SF retail building on 15.65 acres
- Prominent frontage on S Chicago Avenue (Highway 32) with 11,306 VPD; signalized access at Grant Park Plaza entrance
Property Analytics
Property Profile
Current Use
Lease Details
11,306 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 53172, WI
20,795
Population
9,150
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
4,332
Density / Sq Mi
$70,146
Median Household Income
$42,958
Median Earnings
$1,014
Median Rent
$216,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fee-simple retail property with large paved parking field and prominent frontage on a primary commercial corridor.
Where is this retail space located?
The property is located at 2931 S Chicago Avenue South Milwaukee, WI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fee‑simple vacant, free‑standing retail property at 2931 S Chicago Avenue in South Milwaukee, WI; Built in 1967 and renovated in 2005; single‑story 60,196 SF retail building on 15.65 acres; Prominent frontage on S Chicago Avenue (Highway 32) with 11,306 VPD; signalized access at Grant Park Plaza entrance
