1000-1006 Historic Mitchell St Milwaukee, WI 53204
- Retail properties
- 26,960 SF
- 0.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1000-1006 Historic Mitchell St
- Year built
- 1938
- Lot size
- 0.15 lot acres
- Property size
- 26,960 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9243
- Latitude
- 43.0126