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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2213 Doctor M.l.k. Jr Dr Milwaukee, WI 53212

6,000 SF 0.09 ac lot Built 1936
Property ID
Property summary
AI-generated overview

This exceptional 6,000-square-foot restaurant space, located at 2213 N Dr MLK Jr Drive in Milwaukee, Wisconsin, presents a unique investment opportunity. Situated on a 0.086-acre lot (APN 353-0215-000), this property boasts a prime location in a highly trafficked corridor with convenient freeway access. Built in 1936, the building is zoned LB2 - Local Business District, making it ideal for a variety of restaurant concepts or similar uses. The asking price is $825,000, translating to a price per square foot of $137.50. The property is offered as a NNN lease, providing a clear and straightforward ownership structure. Previously used as a restaurant, this space is ready for an owner-user occupant to establish their culinary vision. The property's history as a successful restaurant, combined with its excellent location and convenient access, makes it an attractive proposition for discerning investors and restaurateurs alike. This is a rare opportunity to acquire a well-situated, established commercial property in a thriving Milwaukee neighborhood. The property's size and zoning offer flexibility for a range of potential uses within the permitted zoning guidelines. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1936
Total area 6,000 SF
Lot 0.09 ac (3,746 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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