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    730 Milwaukee St Milwaukee, WI 53202

    For Sale
    $1,399,000

    Prime Downtown Milwaukee location, 6,720 sq ft, 3 stories.

    Property size:
    6,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story mixed-use building, situated at 730 N Milwaukee St in Milwaukee, Wisconsin, presents a unique investment opportunity. Originally constructed in 1877 and renovated in 2012, this 6,720 square foot property boasts a rich history, having housed popular establishments like Heinemann's Restaurant, Dicks, and Electric Lime. The building is currently vacant, offering a blank canvas for a new owner/user. The ground floor, ideal for a cafe or restaurant, features two kitchens, a walk-in cooler and freezer, ample prep space, and 20 feet of sidewalk frontage perfect for outdoor dining. The layout includes bar seating, booth seating, hi-top seating, and a walk-up window. The second and third floors provide versatile space suitable for creative offices, meeting areas, or collaborative workspaces. The building is zoned C9F(C), features individual HVAC systems for each floor, and has a total capacity of up to 300 people. Located on a highly desirable street known for its vibrant dining and entertainment scene, this property offers easy access to the Milwaukee Hop. The lot size is 0.06 acres. The asking price is $1,399,000, translating to $208.18 per square foot. This is an owner/user investment opportunity.

    Property Features for 730 Milwaukee St

    General Information

    Property type
    Restaurants
    Square Feet
    6,720 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built/Renovated
    1877/2012
    Stories
    3

    HighLights

    • $1,399,000 asking price for this mixed‑use building.
    • 6,720 square feet, offering retail, office, and hospitality space.
    • Located at 730 N Milwaukee St, Milwaukee, WI 53202, on a desirable street for dining and entertainment.
    • Features two kitchens, walk‑in cooler and freezer, and prep space.
    • Three‑story building with 20 feet of sidewalk frontage, built in 1877 and renovated in 2012.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Urban Bad Credit ... Loan Agency Dick's Pizza & Pleasure Pizza Restaurant

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9062607
    Latitude
    43.0395378

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Milwaukee location, 6,720 sq ft, 3 stories.
    Where is this restaurant located?
    The property is located at 730 Milwaukee St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: $1,399,000 asking price for this mixed-use building.; 6,720 square feet, offering retail, office, and hospitality space.; Located at 730 N Milwaukee St, Milwaukee, WI 53202, on a desirable street for dining and entertainment.
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    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
    730 Milwaukee St Milwaukee, WI 53202
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