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1011 Milwaukee Ave
South Milwaukee WI 53172 US

$299,000

Active Listing ID 1963913
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Lot: 0.08 Acres
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Other

$299,000

Active Listing ID 1963913
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1011 Milwaukee Ave Rare mixed-use investment in revitalizing downtown South Milwaukee--''The Avenue''--steps from the commuter rail station and the area's growing food and beverage scene. This 5, 280 SF building offers two commercial storefronts plus three residential apartments, fully occupied with long-term tenants. Recent improvements minimize expense: new upper roof with transferable 25-yr warranty, new parapet flashing, and two newer furnaces (all serviced 2025). Rents are below market, creating strong upside through adjustments, NNN conversion, or repositioning. All residential leases are month-to-month--an owner can occupy, reconfigure, or hold for income. Full basement with double-door alley access adds storage or expansion potential. Ideal for value-add investors and owner-operators.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Rubber
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 299000
  • unparsedaddress: 1011 Milwaukee Ave
  • postalcity: South Milwaukee
  • stateorprovince: WI
  • country: US
  • postalcode: 53172
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 5280
  • livingareaunits: Square Feet
  • latitude: 42.910439
  • longitude: -87.861491
  • listagentfullname: William P Backes
  • listagentemail: w.backes@compass.com
  • listagentkey: 3yd-METROMLSWI-20180604211209910184000000
  • listagentmlsid: 20180604211209910184000000
  • listagentpreferredphone: 4148031802
  • listagentofficephone: 4149393219
  • listofficekey: 3yd-METROMLSWI-20210511173957131789000000
  • listagentstatelicense: 81585-94
  • listofficemlsid: 20210511173957131789000000
  • disclaimer: Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: METROMLSWI
  • yearbuilt: 1928
  • listingcontractdate: 2026-05-22
  • listagenturl: https://compass.com
  • countyorparish: Milwaukee
  • parcelnumber: 7710047000
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • interiorfeatures: Carpeting, Display Window, Inside Storage, Living Space Avail., Rest Rooms
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.86149, 42.91044
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"w.backes@compass.com", "ListBrokerageCity":"Eagle", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listings@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":"(414) 313-4359", "ListBrokeragePostalCode":"53119", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"517 Homesteaders Retreat", "ListBrokerageWebsiteUrl":"https://compass.com", "ListOfficeAddress1":"11220 W Burleigh Ste 100, Wauwatosa, WI 53222", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20051121183157561620000000", "ListOfficeCity":"Wauwatosa", "ListOfficeCountry":"US", "ListOfficeEmail":"kels@compass.com", "ListOfficePostalCode":"53222", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Professional Service, Retail - South Milwaukee, WI", "ListingURL":"https://listings.listhub.net/pages/METROMLSWI/1963913/?channel=rexren", "MLSModificationTimestamp":"2026-05-22T23:20:01Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Professional Service, Retail", "RawPropertyType":"Commercial/Industrial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5950, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/23/2026 6:34:40 AM GMT
Source Updated Date: 5/26/2026 6:40:34 PM GMT

Courtesy of: William P Backes, Compass RE WI-Tosa, w.backes@compass.com

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.