4926 North Ave Milwaukee, WI 53208
This exceptional commercial property, located at 4926 W North Ave in Milwaukee, Wisconsin, presents a rare opportunity. The 0.33-acre lot houses two buildings totaling 8,627 square feet, zoned for Local Business District (LB2). The main building offers 6,752 square feet of former automotive space, complete with five automotive lifts and five unit heaters, ideal for a variety of uses. An adjacent 1,875-square-foot retail space is currently occupied under a month-to-month lease by a nail salon. The property also includes a basement. The asking price is $525,000 ($60.86/sq ft), with a current lease rate of $5,000 per month (NNN). 2023 real estate taxes were $8,094.43 (Tax Key: 32815070000). This property offers significant potential for investors and entrepreneurs seeking a versatile space in a high-traffic commercial corridor. The property's location on W. North Ave provides excellent visibility and accessibility. This is a unique opportunity to acquire a well-situated commercial property with existing infrastructure and income potential.
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Firestone North Avenue Auto Repair Shop
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Firestone, North Avenue Tire and Auto Auto Repair Shop Vehicle Inspection Center
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.