Mixed-Use Storefront and
For Sale
Contact for pricing
830 W Center St Unit 832, Milwaukee, WI 53206
For sale as-is mixed-use property with one commercial unit and one residential unit.
Property Size3,512 SF
Price / SF$2.28
Days on Market94
Property Features for 830 W Center St Unit 832
General Information
Standard status
Active
Size
3,512 SF
Building Details
Year Built
1896
Listing Agency:
City of Milwaukee-DCD
Listed By:
Rosita Ross · License #6101894
(414) 369-2687
Source:
Jwregwi
Added: Jul 18
Changed: Oct 12
Last Checked: Oct 7 at 1:26PM
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 City of Milwaukee-DCD
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Investment Insights
Based on property information with market context.
Mixed-use property being sold as-is, consisting of one commercial unit and one residential unit. The City of Milwaukee acquired the property through tax foreclosure, and offers must be submitted using the City of Milwaukee special forms.
This is a multi-unit configuration combining storefront and residential income in a single asset. The property is located at 830 W Center St, Milwaukee, WI.
Prospective buyers should review all terms and the required submission process, as the property is offered in its current condition.
This is a multi-unit configuration combining storefront and residential income in a single asset. The property is located at 830 W Center St, Milwaukee, WI.
Prospective buyers should review all terms and the required submission process, as the property is offered in its current condition.
Key Highlights
- Mixed‑use property with 1 commercial unit and 1 residential unit
- Sold by the City of Milwaukee through tax foreclosure
- Being sold "as is" and requires Special City of Milwaukee forms for submitting an offer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,710
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,200
$654.2K
Cap Rate 7%
$467,286
$467.3K
Cap Rate 9%
$363,444
$363.4K
Market Conditions
NOI Build-Up for 3,512 SF
Gross rent
$62.0K $17.64/SF
− Vacancy
−$2.5K −$0.71/SF
EGI
$59.5K $16.93/SF
− OpEx
−$26.8K −$7.62/SF
NOI
$32.7K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,200
Cap Rate 7%
$467,286
Cap Rate 9%
$363,444
Alternative Uses
Best Use
Mixed Use
$612.6K
$536.0K – $714.7K
NOI $42,882 @ 7.0% cap · market cap 536.03%
Second Best
Retail
$526.3K
$460.5K – $614.0K
NOI $36,839 @ 7.0% cap · market cap 460.49%
Theoretical Best
Office A
$844.0K
$738.5K – $984.6K
NOI $59,077 @ 7.0% cap · market cap 738.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 53206, WI
22,816
Population
10,077
Households
2.3
Avg Household Size
32
Median Age
7%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
8,450
Density / Sq Mi
$28,995
Median Household Income
$25,655
Median Earnings
$998
Median Rent
$70,800
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - For sale as-is mixed-use property with one commercial unit and one residential unit.
Where is this mixed-use property located?
The property is located at 830 W Center St Unit 832 Milwaukee, WI.
What are key features of this property?
This property features: Mixed‑use property with 1 commercial unit and 1 residential unit; Sold by the City of Milwaukee through tax foreclosure; Being sold "as is" and requires Special City of Milwaukee forms for submitting an offer
