Mixed-Use Building with
New
For Sale
$450,000
5038 W North Ave Unit 5040, Milwaukee, WI 53208
Commercial, residential, and office components occupy a two-story building with additional rear space for future buildout.
Property Size6,412 SF
Price / SF$70.18
Days on Market5
Property Features for 5038 W North Ave Unit 5040
General Information
Standard status
Active
Size
6,412 SF
Additional Details
Gross Income
$34,200
Office Units
4
Building Details
Year Built
1939
Buildings
1
Listing Agency:
Acquire Realty LLC
(414) 477-4003
Listed By:
Shawn Nash
Source:
Jwregwi
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 3:46PM
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 Acquire Realty LLC
Investment Insights
Based on property information with market context.
This 6,412-square-foot mixed-use building, constructed in 1939, combines commercial, residential, and office areas. The first floor includes commercial space leased to an event planner on a month-to-month basis, along with rear space that could support finished office or warehouse use. The second floor contains two two-bedroom apartments and four vacant office spaces.
Located at 5038 W North Ave Unit 5040 in Milwaukee, Wisconsin, the property brings together multiple occupancy types within one building. Existing apartments, leased commercial space, and available offices provide a varied configuration, while the rear first-floor area offers additional space for future buildout.
Located at 5038 W North Ave Unit 5040 in Milwaukee, Wisconsin, the property brings together multiple occupancy types within one building. Existing apartments, leased commercial space, and available offices provide a varied configuration, while the rear first-floor area offers additional space for future buildout.
Key Highlights
- 6,412‑square‑foot mixed‑use building constructed in 1939
- Two two‑bedroom apartments on the second floor
- Four vacant office spaces on the second floor
Property Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 53208, WI
29,644
Population
13,778
Households
2.2
Avg Household Size
33
Median Age
31%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
7,058
Density / Sq Mi
$50,585
Median Household Income
$40,729
Median Earnings
$924
Median Rent
$196,300
Median Home Value
Market
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial, residential, and office components occupy a two-story building with additional rear space for future buildout.
Where is this mixed-use property located?
The property is located at 5038 W North Ave Unit 5040 Milwaukee, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 6,412‑square‑foot mixed‑use building constructed in 1939; Two two‑bedroom apartments on the second floor; Four vacant office spaces on the second floor
