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Two-Building Storefront Property
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511 West National Avenue, Milwaukee, WI 53204

Two commercial buildings are available together or individually, with surface parking serving one of the properties.

Property Size64,220 SF
Lot Size0.89 Acres
Days on Market154

Property Features for 511 West National Avenue

General Information

Standard status Active
Size 64,220 SF
Lot size 0.89 Acres
Property subtype Retail

Building Details

Buildings 2
Listing Agency: CBRE, Inc.
Listed By: Yoni Zvi · License #WI 90-56353
Source: Cbre
Added: May 16 Changed: Oct 13 Last Checked: Oct 14 at 9:38PM

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 CBRE, Inc.

Rey
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Investment Insights

Based on property information with market context.

This offering comprises two storefront buildings that may be acquired as a package or separately. The property at 511 West National Avenue contains 33,968 square feet across four stories on 0.24 acres. The companion building at 523 West National Avenue provides 30,252 square feet over two stories on 0.65 acres and includes an off-street surface lot with 28 parking spaces.

Together, the buildings total 64,220 square feet on 0.89 acres. Both properties are located on West National Avenue in Milwaukee’s Walker’s Point neighborhood. Interior photographs are available upon request.

Key Highlights

  • Combined offering totals 64,220 SF on 0.89 acres
  • 511 West National Avenue: 33,968 SF, 4‑story building on 0.24 acres
  • 523 West National Avenue: 30,252 SF, 2‑story building on 0.65 acres

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Carpet & Flooring Store Butcher Locksmith Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,807
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53204, WI

39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
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 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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Frequently Asked Questions

What type of property is this?
Storefront property - Two commercial buildings are available together or individually, with surface parking serving one of the properties.
Where is this storefront property located?
The property is located at 511 West National Avenue Milwaukee, WI.
What are key features of this property?
This property features: Combined offering totals 64,220 SF on 0.89 acres; 511 West National Avenue: 33,968 SF, 4‑story building on 0.24 acres; 523 West National Avenue: 30,252 SF, 2‑story building on 0.65 acres
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