Milwaukee Home for Sale

$1,850,000

524 N Water St
Milwaukee WI 53202

Listed by Inland Real Estate Partners, LLC

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Well-maintained, fully occupied mixed-use property located in the heart of Downtown Milwaukee. Comprised of approximately 8,800 square feet, the building features three retail units and three upper-level multifamily apartments, offering a balanced and diversified income stream across both residential and commercial tenancy. Currently fully leased, this building offers investors in-place cash flow with value-add potential through rental upside on the residential units, which are currently leased below market rates. The retail units are leased to a diverse mix of tenants, minimizing risk and ensuring long-term income stability. The building's flexible layout, strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation.

Property Details

Listing Details

Price

$1,850,000

Year Built

1880

Levels

N/A

SQ FT

N/A

Lot Size

0.06 ACRES