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    212 Mineral St Milwaukee, WI 53204

    For Sale
    $1,454,000

    23,638 SF Warehouse - Value-Add Opportunity

    Property size:
    23,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 23,638 square foot multi-tenant warehouse, located at 212 E Mineral Street in Milwaukee, Wisconsin, presents a compelling value-add investment opportunity. Situated on a 0.38-acre lot (APN 4310977100) within Milwaukee's vibrant Harbor District, this property boasts a rich history, having been constructed in 1915. Currently zoned I-C (Industrial Commercial), the building offers significant versatility for a variety of uses. The property has undergone substantial improvements, including the installation of new windows, exterior masonry restoration, and new steel doors on the north and east sides. On-site parking is available for added convenience. The 2023 real estate taxes totaled $16,538.43. This prime location and the substantial renovations already completed make this a rare find for investors seeking a strong return. The building's size and flexible zoning provide ample opportunity for creative repurposing and redevelopment, catering to a wide range of industrial and commercial tenants. This is a chance to acquire a well-located, improved property with significant upside potential in a thriving Milwaukee neighborhood. The asking price for this unique property is $1,454,000.

    Property Features for 212 Mineral St

    General Information

    Property type
    Distribution properties
    Square Feet
    23,638 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1915

    HighLights

    • Harbor District location in Milwaukee.
    • Value‑add investment opportunity.
    • Versatile building configuration.
    • Recent capital improvements: new windows, exterior masonry restoration, and new steel doors (north & east).
    • On‑site parking.
    • 2023 Real Estate Taxes: $16,538.43
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ENG Consulting Engineering Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.90929
    Latitude
    43.0214188

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    FAQs

    What type of property is this?
    Distribution property - 23,638 SF Warehouse - Value-Add Opportunity
    Where is this distribution property located?
    The property is located at 212 Mineral St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,454,000.
    What are key features of this property?
    This property features: Harbor District location in Milwaukee.; Value-add investment opportunity.; Versatile building configuration.
    Request Owner's contact information
    212 Mineral St Milwaukee, WI 53204
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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
    212 Mineral St Milwaukee, WI 53204
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