Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    820 Plankinton Ave Milwaukee, WI 53203

    Sponsored
    For Sale
    $1,750,000

    Historic building, renovated 2007, 24,000 SF

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-story medical office building, situated at the highly visible intersection of Kilbourn and Plankinton Avenues, presents a unique investment opportunity. Located on the Milwaukee Riverwalk, this 24,000 square foot property boasts a rich history, originally constructed in 1871 and extensively renovated in 2007. The building is currently zoned C9E - Major Retail, offering flexibility for a variety of uses. The asking price is $1,750,000, translating to $72.92 per square foot. This single building sits on a 0.11-acre lot and offers significant potential for growth and return. Its prime location and substantial square footage make it an ideal investment for those seeking a well-maintained, historically significant property in a thriving urban environment. The building's excellent condition and strategic location on the Milwaukee Riverwalk provide exceptional visibility and accessibility. This is a rare opportunity to acquire a substantial medical office building in a highly desirable area of Milwaukee, Wisconsin. The property's strong foundation and recent renovations ensure a long-term, stable investment. The building's size and zoning provide ample opportunity for expansion or adaptation to meet evolving market demands.

    Property Features for 820 Plankinton Ave

    General Information

    Property type
    Medical offices
    Square Feet
    24,000 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built/Renovated
    1871/2007
    Buildings
    1
    Stories
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. John Fangman Infectious Disease Physician Karen Godfredsen, PSYD Psychologist Aids Project-Milw Social Services Organization Christine Hogan, MD Infectious Disease Physician Dr. Leslie Cockerham Internist

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.91269948583
    Latitude
    43.040535342658

    Nearby Similar for Sale

    • $150,000
      0.12 Acres

      Renovated Duplex in Milwaukee, WI

      Move-in ready, 5-bedroom, 2-bath duplex with modern finishes.
      2619 N 33Rd St, Milwaukee, WI 53210
      View Details
    • $1,800,000
      119,000 SF

      Unique Multi-Building Redevelopment Opportunity

      Four buildings with diverse potential in Milwaukee, Wisconsin.
      4700 N 39Th St, Milwaukee, WI 53209
      View Details
    • $269,900
      0.08 Acres

      Well-Maintained Duplex Near State Fair Park

      Two-unit property with recent upgrades and income potential.
      521 S 75Th St, Milwaukee, WI 53214
      View Details
    • $285,000
      0.12 Acres

      Milwaukee Duplex: Investment Opportunity

      Duplex in prime location with updated features and income potential.
      4020 N 88Th St, Milwaukee, WI 53222
      View Details
    • $870,000
      7,868 SF

      Riverwest Mixed-Use Investment Opportunity

      Fully leased mixed-use building in Riverwest with strong cash flow.
      2600 N Booth St, Milwaukee, WI 53212
      View Details
    • $374,900
      2,690 SF

      Freestanding Commercial Property on MLK

      Turnkey auto shop opportunity in high-traffic Milwaukee corridor.
      3210 N Dr Martin Luther King Jr Dr, Milwaukee, WI 53212
      View Details
    • $300,000
      0.09 Acres

      Mixed-Use Property: Investment Opportunity

      Mixed-use property with storefront and three turnkey rentals in Milwaukee.
      2411 W Mitchell St, Milwaukee, WI 53204
      View Details
    • $4,399,000
      96,680 SF

      Milwaukee Warehouse/Manufacturing Facility For Sale

      96,680 SF industrial facility on 8.15 acres in Milwaukee-South.
      2929 S Chase Ave, Milwaukee, WI 53207
      View Details
    • New
      $249,900
      0.08 Acres

      Milwaukee Duplex in Muskego Way

      Spacious duplex in vibrant neighborhood with strong rental income.
      1815 W Becher St, Milwaukee, WI 53215
      View Details
    • $285,000
      0.09 Acres

      Updated Duplex in Milwaukee

      Updated duplex with spacious units and potential for added living.
      1321 S 22Nd St, Milwaukee, WI 53204
      View Details
    • New
      $279,900
      0.10 Acres

      Milwaukee Duplex with Garage

      Two-unit duplex near Wauwatosa, great for investors or owners.
      201 N 78Th St, Milwaukee, WI 53213
      View Details
    • $265,000
      0.12 Acres

      Remodeled Duplex with Income Potential

      Turnkey Milwaukee duplex, remodeled with income potential and modern finishes.
      2163 N 38Th St, Milwaukee, WI 53208
      View Details

    FAQs

    What type of property is this?
    Medical office - Historic building, renovated 2007, 24,000 SF
    Where is this medical office located?
    The property is located at 820 Plankinton Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,750,000.
    Request Owner's contact information
    820 Plankinton Ave Milwaukee, WI 53203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    820 Plankinton Ave
    Milwaukee, WI 53203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    820 Plankinton Ave Milwaukee, WI 53203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.