1000-1006 Historic Mitchell St Milwaukee, WI 53204
This exceptional 26,960 square foot storefront property, located at 1000-1006 W Historic Mitchell St in Milwaukee, Wisconsin, presents a significant redevelopment opportunity. Built in 1938, this single-building property sits on a 0.15-acre lot (APN 461-1377-100) and is zoned LB2. The asking price is $900,000, translating to $33.38 per square foot. Its strategic location offers convenient access to I-94 via Lapham Boulevard, enhancing its appeal for investors. The property's designation within both an Opportunity Zone and a Qualified Census Tract (QCT) provides additional investment incentives. This retail space presents a unique chance to capitalize on the vibrant Milwaukee market and the significant potential for revitalization within this established area. The substantial square footage allows for a wide range of redevelopment possibilities, catering to diverse commercial and potentially residential uses, subject to necessary approvals and permits. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.