1428 Farwell Ave Milwaukee, WI 53202-2968
This exceptional 10,504-square-foot retail storefront, located at 1428 N Farwell Ave in Milwaukee, Wisconsin, presents a unique investment opportunity. Built in 1914 and renovated in 2020, this two-story building sits on a 0.14-acre lot (APN 3590196000) and boasts a rich history. Currently configured as three separate spaces with individual entrances, the property previously served as a medical facility, with much of the original infrastructure still in place. Two additional units are suitable for office use. The building's original character and architecture, including its origins as a turn-of-the-century auditorium, have been meticulously preserved. Zoned LB2, this property offers immense potential for a variety of uses. Its prime location in Milwaukee's desirable Farwell corridor is further enhanced by its proximity to one of the few gas stations on the east side. The asking price is $1,000,000, translating to $95.20 per square foot. This is a rare chance to acquire a landmark property in a thriving area. The building consists of one structure with two units.
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Affiliated Medical Services Family Planning Center Women'S Health Clinic
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Joanne Kennedy Coffman Physician
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Smith Bernard MD Family Planning Center
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Mary Simon Alternative Medicine Practice
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Dr. Stewart M. Kernes, DO Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
LB2 · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
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.