Technical
Financial
Distress signals
Property profile

7602 Lisbon Ave Milwaukee, WI 53222

OFF-MARKET
Bars & Pubs
Property ID
US92-1150237
1,848 SF 0.51 ac lot Built 1953
Entity Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1953
Total area 1,848 SF
Lot 0.51 ac (22,124 SF)
Zoning code LB2
APN 292-9988-000
UPID US92-1150237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Financial Advisor
  • Restaurant

Location

7602 Lisbon Ave Milwaukee, WI 53222-3925
Milwaukee metro Census 5300 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$333k
Blend (final) Blend
$650k

Owner & transaction history

since 2026
Last sale
$535,000
3 recorded transactions
2026
$625,000
2025
Price N/A
2022
$535,000

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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