Liquor-Licensed Bar and
6218 S 27th St Milwaukee, WI 53221
6218 S 27th St, Milwaukee, WI, 53221
$1,500,000
For Sale
$1,500,000
Two-story liquor-licensed commercial building with on-site parking, two fully occupied apartments, and highway access.
Property Size3,399 SF
Price / SF$441.31
Days on Market331
Property Features for 6218 S 27th St
General Information
- Standard status
- Active
- Size
- 3,399 SF
Listing agency
Realty of America LLC
(414) 399-0460
Listed by
Lisa-Marie Franco-Garcia · License #8156294
(414) 399-0460
Source
Exprealty
Added: Aug 25, 2025 Updated: Jul 21 at 5:12AM Checked: Jul 21 at 5:12AM
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 Realty of America LLC
Investment Insights
Based on property information with market context.
This two-story, liquor-licensed commercial building includes a bar/tavern setup and two fully occupied apartments. The property also features 30+ parking spaces and a 2-car garage.
Located at 6218 S 27th St in Milwaukee, the building is positioned on high-traffic 27th St and offers easy highway access.
The current configuration provides the ability to operate immediately as a bar/tavern, while also supporting income from the two apartments.
Located at 6218 S 27th St in Milwaukee, the building is positioned on high-traffic 27th St and offers easy highway access.
The current configuration provides the ability to operate immediately as a bar/tavern, while also supporting income from the two apartments.
Key Highlights
- Two‑story commercial building with liquor license and existing bar/tavern infrastructure
- High‑traffic frontage on 27th St with easy highway access
- On‑site parking for 30+ vehicles plus a 2‑car garage
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.3k | $19.80 |
| − Vacancy | −$5.0k | −$1.49 |
| EGI | $62.3k | $18.32 |
| − OpEx | −$15.6k | −$4.58 |
| NOI | $46.7k | $13.74 |
3,399 SF · lease $19.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$667.0K
$583.6K – $778.2K
NOI $46,690 @ 7.0% cap · market cap 3.11%
Second Best
Multifamily LT 5
$520.4K
$455.3K – $607.1K
NOI $36,425 @ 7.0% cap · market cap 2.43%
Theoretical Best
Warehouse
$2.58M
$2.25M – $3.01M
NOI $180,351 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Anticipation Sports Bar
Bar & Pub
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Sam's Club Cafe — 6705 S 27th St, Franklin, WI 53132
- Anticipation Sports Bar — 6218 S 27th St, Milwaukee, WI 53221
- Iron Mike's — 6357 S 27th St, Franklin, WI 53132
- Milwaukee Burger Company - Franklin — 6421 S 27th St, Franklin, WI 53132
FAQs
What type of property is this?
Bar & Pub - Two-story liquor-licensed commercial building with on-site parking, two fully occupied apartments, and highway access.
Where is this bar & pub located?
The property is located at 6218 S 27th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two‑story commercial building with liquor license and existing bar/tavern infrastructure; High‑traffic frontage on 27th St with easy highway access; On‑site parking for 30+ vehicles plus a 2‑car garage
