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Two-Level Live-Work Space

616 W North Ave, Milwaukee, WI 53212

For Lease
$1,950/Mo

A street-facing commercial workspace is paired with a three-bedroom residence and shared building amenities.

Space SizeContact for details
Property Size1,728 SF
Days on Market66

Property Features for 616 W North Ave

General Information

Standard status Active
Size 1,728 SF
Total Parking Spaces 1
Zoning LB2

Site & Location

Neighborhood Riverwest

Additional Details

Space Use Live-Work

Amenities

on-site fitness room
professional conference room
high-speed Wi-Fi included
professional on-site property management

Building Details

Building Size 1,728 SF
Year Built 2025
Listing Agency: The Real Estate Studio
Listed By: Jacquelin Leverance · License WI #9127494
Source: Birchwoodpropertiesllc
Added: Sep 6 Changed: Nov 7 Last Checked: Nov 9 at 12:26PM

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 The Real Estate Studio

Rey
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Investment Insights

Based on property information with market context.

This 1,728-square-foot live-work space, built in 2025, places commercial and residential areas on separate levels. The ground floor has an open work area, kitchen, and large bathroom, with access directly from the street. Upstairs, the apartment includes three bedrooms, one bathroom, a walk-in closet, stainless steel appliances, modern finishes, and an in-unit washer and dryer.

Building amenities include a fitness room, conference room, included high-speed Wi-Fi, and on-site property management. The property is zoned LB2 and is located at 616 W North Ave in Milwaukee.

Key Highlights

  • 1,728 square feet across commercial and residential levels
  • Ground‑floor workspace with kitchen, large bathroom, and street access
  • Upper‑level apartment with 3 bedrooms and 1 bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Building Supply Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

Demographics for 53212, WI

28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
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 Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - A street-facing commercial workspace is paired with a three-bedroom residence and shared building amenities.
Where is this live-work space located?
The property is located at 616 W North Ave Milwaukee, WI.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: 1,728 square feet across commercial and residential levels; Ground‑floor workspace with kitchen, large bathroom, and street access; Upper‑level apartment with 3 bedrooms and 1 bathroom
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