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Property profile & analytics

7602 W Lisbon Ave Milwaukee, WI 53222

  • Bars
  • 1,848 SF
  • 0.51 lot acres
For Sale
Last Sale
Jul 25, 2022
$535,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-1150237
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cool Kids Italian Water Ice / Ice Cream Shop
  • 750 Plus / Credit Reporting Agency
  • A & J Grill / American Restaurant

Property Details for 7602 W Lisbon Ave

Year built
1953
Lot size
0.51 lot acres
Property size
1,848 SF
Zone code
LB2
Property type
Bars
Property subtype
Pubs
APN
292-9988-000
APU
2929988000

Description

This exceptional investment opportunity presents a unique blend of commercial and residential properties situated on a sizable 0.8-acre lot at the highly visible northwest corner of 76th Street and Lisbon Avenue in Milwaukee, Wisconsin. The property encompasses two buildings: a freestanding restaurant built in 1953, constructed of concrete block, and a single-family bungalow built in 1929, offering 3 bedrooms and 2 bathrooms. The restaurant boasts approximately 1,848 to 2,500 square feet of space and provides ample parking for 18 vehicles. The combined property features a substantial street frontage, boasting 231 feet along 76th Street and 198 feet along Lisbon Avenue, ensuring excellent visibility and accessibility. The property is zoned LB-2. The parcel includes two APNs: 2929988000 and 2929989000. Combined 2023 property taxes totaled $11,700.23. This presents a rare chance to acquire a substantial property in a desirable Milwaukee location with significant development potential. The existing structures offer immediate income potential, while the expansive lot size allows for future expansion or redevelopment opportunities. This is an ideal investment for both seasoned and emerging investors seeking a high-impact property in a thriving Milwaukee neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $650,000
    ML approach
    $615,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-88.0079
Latitude
43.0785
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,976
$108,400
$142,600
$251,000
-
$108,400
$142,600
$251,000
More about this property
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