2010-2022 Doctor M.l.k. Jr Dr Milwaukee, WI 53212
This exceptional Milwaukee commercial property offers 24,161 square feet of retail and warehouse space across multiple buildings situated on a 30,140 square foot lot. The property, located at 2010-2022 N Doctor M.L. King Jr Dr, 53212, includes a main building with warehouse, retail, and office space, a second building featuring warehouse/storage space and two apartments requiring renovation, and a vacant lot currently used for parking. The main building underwent a complete roof replacement in 2023. The property boasts a desirable location near downtown and the entertainment district, providing convenient freeway access. Built in 1901 and 1882, with renovations completed in 2023, this property is zoned LB2 and RT4. The asking price is $1,600,000, translating to $66.22 per square foot. This presents a unique opportunity for investors seeking a versatile and well-located commercial property in a thriving Milwaukee neighborhood. The property's address encompasses 2010-2022 N Martin Luther King Jr Dr and 2017-2019 N 2nd St. The combined APN numbers are 3530569100, 3530585000, and 3530570000. The property is a two-story structure.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.