522 N 2Nd St, Milwaukee, WI 53203
- Parking lots & garages
- 76,642 SF
- 0.93 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 522 N 2Nd St
- Year built
- 1951
- Lot size
- 0.93 lot acres
- Zone code
- C9F(A)
- Property type
- Parking lots & garages
- APN
- 361-0786-110
- APU
- 3610786110
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 12, 2022 | $4,960,000 | Npg Mkei Michigan LLC | Columbia Parking Limited Partnershi | Special Warranty Deed | — |
| Oct 16, 2015 | $4,850,000 | Columbia Parking LP | Collins E Thomas JR Trust | Grant Deed | $2M · Collins E Thomas JR Tr (pt) |
| Jan 21, 2008 | $3,932,500 | Collins,e Thomas JR Trust | Wispark LLC | Grant Deed | — |
| — | — | Columbia Parking LP | — | Deed Of Trust · related | $2M · Miscellaneous Ins Co |
Description
This exceptional 1.84-acre development site in Milwaukee's vibrant Westown neighborhood presents a unique investment opportunity. Located at 522 N 2nd St, Milwaukee, WI 53203, this property encompasses two parcels (APN: 3610784100, 3610786110) currently used as surface parking lots, offering significant income potential during the planning phase. The site boasts a prime location, occupying half a city block with frontage on N 2nd St, W Michigan St, and Clybourn St. Its C9F(A) zoning allows for diverse development options, including multifamily residential, office, and hotel uses. The area is experiencing remarkable growth, fueled by major employers like Fiserv, Milwaukee Tool, and Regal Rexnord, along with the forthcoming Iron District MKE, a transformative mixed-use development including an 8,000-seat soccer stadium. This property benefits from exceptional access and connectivity, adjacent to I-794 and within walking distance of public transportation, including bus lines and The Hop streetcar. Proximity to amenities such as food halls, the Riverwalk, and entertainment venues further enhances its appeal. Milwaukee's Downtown Plan 2040 aims to significantly increase downtown's population and employment, positioning this site for substantial long-term growth. The property is offered for sale with 100% ownership. This is an unparalleled chance to capitalize on Milwaukee's dynamic urban revitalization.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,005,000
- ML approach
- $6,010,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9126
- Latitude
- 43.0364
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
