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1331 N Martin Luther King Dr

8,000 SF 100% Leased Retail Building Milwaukee, WI 53212 $1,995,000 ($249/SF)

Investment Highlights

  • Easy freeway access
  • One Bedroom Luxe Apartment Upstairs
  • Multiple bathrooms and laundry room
  • Close to Entertainment District and Hotels
  • Garage big enough for multiple vans
  • Multi Use Space

Executive Summary

Location is everything and this beautiful, historic mixed-use building is in one of the best locations in the city. Easy freeway access & blocks from the Deer District, Fiserv Forum, new MKE Public Museum & The Trade hotel, this is a great opportunity/investment to live-work-play in downtown Milwaukee. Seller is also offering lucrative cleaning business for possible sale. The 1st floor is perfectly set up for office/workspace including a loft area, event space and a conference room separated by a modern garage door. Take the stairs or industrial elevator to the 2nd floor where you'll find a luxe 1-bedroom apartment with pine flooring, maple cabinetry, exposed Cream City brick & outdoor terrace, plus huge garage and ample storage big enough to fit multiple vans. Must see to truly appreciate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,000 SF
Building Class
C
Year Built
1895
Price
$1,995,000
Price Per SF
$249
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Land Acres
0.09 AC
Opportunity Zone
Yes
Zoning
IL2
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
53 FT on N Dr Martin Luther King J

Amenities

  • 24 Hour Access
  • Bus Line
  • Roof Terrace
  • Storage Space
  • Air Conditioning
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

U.S. Bank
Buffalo Wild Wings
Starbucks
Benihana
WW
The Capital Grille
Burgerim
Fresh Thyme Farmers Market
CIBC
Chase
  • Listing ID: 33362156

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 1331 N Martin Luther King Dr, Milwaukee, WI 53212

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