3201 N 40th Street, Milwaukee, WI 53216

Listing office City of Milwaukee-DCD r***@milwaukee.gov Show Phone

Listing date Jul 15, 2024

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This specialty commercial property is being offered as a tax foreclosed parcel. The listing notes that the property must be taxable, and that some uses may require BOZA approval depending on the proposed use. Prospective buyers should review the allowed and prohibited uses before submitting a proposal.

The seller has stated that proposals will not be accepted for parking lots, pawn shops, cigarette or cigar shops, gun shops, liquor stores, payday or auto-title loan stores, medical service facilities, or other uses prohibited by zoning. Additional information is available through the City of Milwaukee Real Estate/Commercial Properties for Sale resources.

For buyers and operators, the key takeaway is the emphasis on zoning compliance and permitted-use alignment. If your intended business falls within the allowed categories, this asset may be worth evaluating further, with BOZA approval considerations addressed early in the process. If your concept includes any of the listed restricted use types, the proposal would not be accepted under the current sale parameters.

Suggested Use

Real Estate Agency Law Firm Building Supply Accounting Firm Skin Care Clinic Parking Lot & Garage Electrical Service Gym & Fitness Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Milwaukee

County

Milwaukee

State

Wisconsin

Longitude

-87.9637292

Latitude

43.0772397

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FAQs

What type of property is this?

Specialty property - Tax-foreclosed specialty property sale with zoning-based use restrictions and potential BOZA approval for certain tenants.

Where is this specialty property located?

The property is located at 3201 N 40th Street Milwaukee, WI.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: Tax‑foreclosed property for sale; Certain tenant uses are not allowed, including parking lot, pawn shop, cigarette or cigar shop, gun shop, and liquor store; Prohibited uses also include payday or auto‑title loan stores and medical service facilities (based on zoning)