1932 1934th W Capitol Dr Milwaukee, WI 53206
This exceptional mixed-use property at 1932 W Capitol DRIVE Unit 1934, Milwaukee, WI, presents a compelling investment opportunity. Spanning 2,888 square feet on a 0.83-acre lot, the property boasts a highly visible ground-floor bar situated in a high-traffic area, ensuring consistent foot traffic and strong potential for entertainment-based businesses. The bar area presents a chance for revitalization and increased profitability. Upstairs, a three-bedroom residential unit offers additional income potential through rental or provides convenient onsite living accommodations. Adding to the property's income streams is a billboard situated on the building's exterior, generating passive revenue. The property is priced at $124,900, reflecting a motivated seller eager to finalize a transaction. This versatile property is ideal for investors seeking to diversify their portfolio or business owners looking to expand their operations. The combination of commercial and residential space, coupled with the billboard income, makes this a unique and attractive investment prospect in a prime Milwaukee location. The property's high visibility and established location contribute to its significant potential for growth and return on investment.
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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.