4972 37Th St, Milwaukee, WI 53209
This exceptional 1,650 square foot commercial property, located at 4972 N 37th STREET in Milwaukee, Wisconsin, presents a rare opportunity for adaptive reuse. Situated on a 0.12-acre lot, this former church building is in pristine, move-in condition, boasting updated mechanical systems. The interior features multiple rooms on the lower level, perfectly suited for a variety of uses including offices, classrooms, or meeting spaces. The layout offers excellent flexibility for a diverse range of businesses or organizations. Accessibility is a key feature, with a conveniently located ramp providing easy access for all. The property also includes a charming backyard area, ideal for outdoor gatherings or simply a quiet retreat. The building's rich history and community ties offer a unique opportunity to create a vibrant and engaging space while preserving a piece of Milwaukee's heritage. Priced at $195,000, this property represents an exceptional value in a desirable Milwaukee location. The building's excellent condition and versatile layout make it an attractive investment for those seeking a unique and functional commercial space. Don't miss this chance to own a piece of Milwaukee history and transform it into something truly special.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.