2972 2974th S 13th St Milwaukee, WI 53215
This exceptional commercial property, located at 2972 S 13th STREET Unit 2974 in Milwaukee, Wisconsin, offers 13,752 square feet of versatile space on a 0.17-acre lot. Its prime location on a high-traffic section of 13th Street ensures excellent visibility and exposure, making it ideal for a variety of businesses. Currently operating as a liquidation/bargain store, the property presents numerous redevelopment possibilities. The existing structure includes a ground floor, a full second floor, and a full basement, offering ample room for expansion or modification. The property features a convenient overhead door at the rear, facilitating easy loading and unloading. Potential uses are extensive and include, but are not limited to, warehouse space, office space, retail space, or even a furniture store. Detailed blueprints are available for a potential multi-apartment conversion, showcasing the property's adaptability and significant future development potential. The asking price for this substantial commercial property is $6,500. This is a rare opportunity to acquire a well-situated, large-scale commercial property with significant upside potential in a thriving Milwaukee location. The seller is also considering selling the existing business. Serious inquiries are encouraged.
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.