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    Property profile & analytics
    OFF-MARKET
    Retail space

    2052 Frst Home Ave, Milwaukee, WI 53215-2563

    1,627 SF 0.09 ac lot Built 1928
    Individually Owned Free & Clear
    Property ID
    US92-0856611
    Property summary
    AI-generated overview

    This exceptional Milwaukee commercial property presents a unique investment opportunity. Located at 2052 W Forest Home Avenue, this 1,450 square foot building offers a versatile blend of commercial and residential space. The main structure is a commercial storefront, ideal for a variety of businesses, providing ample space for retail, office, or service-oriented enterprises. The property also includes a residential house situated at the rear, offering additional income potential through rental or providing convenient owner-occupied housing. The 0.09-acre lot provides sufficient space for both the commercial and residential components. The property is priced competitively at $199,900, representing a significant value for its size, location, and dual-use potential. This property is situated in a dynamic Milwaukee neighborhood, offering excellent visibility and accessibility. The combination of commercial and residential space makes this an attractive option for entrepreneurs seeking a blend of business and living space, or investors looking for a property with multiple income streams. The property's versatility allows for a wide range of uses, making it an ideal investment for those seeking a flexible and profitable venture. This is a rare opportunity to acquire a property with significant upside potential in a desirable Milwaukee location. Don't miss out on this chance to transform this property into your vision.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1928
    Total area 1,627 SF
    Lot 0.09 ac (3,894 SF)
    Zoning code LB2
    APN 470-0086-000
    UPID US92-0856611
    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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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ismael Ugalde
    Ismael Ugalde
    since 2025
    4 recorded transactions
    2025
    $150,000
    2023
    2018
    $9,500
    2012
    Zoning & alternative use
    LB2 · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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