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Multi-Family

Year 1920

5274 SQ FT

0.25 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Menomonee Falls Home for Sale

$850,000

N91W16356 Pershing Ave
Menomonee Falls WI 53051

Listed by Encore Real Estate Brokerage

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Rare Opportunity in heart of Menomonee Falls, WI. RESTAURANT BUSINESS IS REMAINING AND NOT PART OF THE SALE. Mixed use building in downtown Menomonee Falls, WI. Anchor tenant is Restaurant / Bar that has been in business 60 + years. Four apartments (3 bedroom / 2 Bedroom / 1 Bedroom / Studio) and Garage with office combine for multiple income streams. Three of the four apartments have been remodeled in the last 5 years. Apartments rent within DAYS. Within 100 yards of two large high end apartment complexes and multiple retail centers. PRICED TO SELL AT TODAY'S 8.6 CAP RATE with strong potential upside. Short term rentals a possibility due to historic nature of building and zoning and location. Strong Cash flow with significant upside.

Property Details

Listing Details

Price

$850,000

Year Built

1920

Levels

N/A

SQ FT

5274

Lot Size

0.25 ACRES

Tax Key

MNFV0012018002

TaxYear

N/A

Property Taxes

$N/A

Property Type

Multi-Family

Property Status

Active

MLS#

1986129

Inclusions

3 stoves, 3 refrigerators

Exclusions

N/A

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Vinyl, Wood

Parking Features

Outdoor Space

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

View All 31 Photos
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Front
Front
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Front
North Side
20261023_143256
20261023_143308
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20250508_151052
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Garage
Garage
Garage Bath
Garage
Garage Office
Garage Main
Unit 1 Living Room
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Unit 1 Kitchen
Unit 1 Kitchen
Unit 1 Kitchen
Unit 1 Kitchen
Unit 1 Bathroom
Unit 1 Bathroom
Unit 1 Bathroom
Unit 1 Bath
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Unit 1 Living Room
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HAllway

About Menomonee Falls

Thanks to a great local job market, many outdoor recreation opportunities, and diverse housing options, Menomonee Falls was rated the 32nd best small town in America in 2015 by Money magazine. With almost 36,000 people residing in Menomonee Falls, it is the most populous village in Wisconsin. Germantown neighbors Menomonee Falls to the north, while Brookfield borders the village to the south. Menomonee Falls, located in Waukesha County just west of Interstate 41, is part of the Greater Milwaukee area. The village was named after the Menomonee River that meanders through the community and the waterfall in the middle of the village.

Manufacturing and business services are two of the main industries found in Menomonee Falls. Both Kohl’s and Magnetek have their headquarters in the village. There are many housing options to choose from in Menomonee Falls, from condos on the river to new developments to sprawling houses with ample land.

Community Population

38,219

Community Area

33.31 SQ/MILES

Community Suburb of

Waukesha County

Community Lifestyle

Suburban

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

North

HighSchool

Menomonee Falls

School District

Menomonee Falls

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Suzanne Powers

FOUNDER | CEO

414.963.0000

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Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

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N91W16356 Pershing Ave, Menomonee Falls, WI 53051

$850,000

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