2007 Capitol Dr Milwaukee, WI 53206-1939
This 2,474 square foot mixed-use commercial building in Milwaukee, WI, presents a compelling investment opportunity. Located at 2007 W Capitol Dr, this 1950-built property sits on a 0.1-acre lot and boasts a spacious brick structure. The main floor features a commercial unit currently occupied by an established tenant, including a front office, lobby, half bath, private office, and two additional rooms. Upstairs, a turnkey apartment is ready for immediate owner occupancy or rental, featuring an updated eat-in kitchen with newer cabinets and countertops, a living room with fireplace, a full bath, and two large bedrooms. Recent improvements include a new roof (March 2023), upstairs window replacements (2022), a new upstairs furnace (2019), and updated chimney flashing. Heating is provided by forced air with central air conditioning upstairs and boiler heat for the commercial unit. A full basement includes a sump pump, circuit panels, and a bonus office space. A one-car detached brick garage with a newer door and electric door opener completes the property. The property's convenient location and visibility make it ideal for a variety of uses. 2022 property taxes were $2,886. This quality property offers significant potential for income and appreciation. The MLS number is 1846839.
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.