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2137 W Greenfield Ave - Development Site at 22nd & Greenfield 0.73 Acres of Commercial Land Offered at $225,000 in Milwaukee, WI 53204
INVESTMENT HIGHLIGHTS
- 3/4 Acre buildable land on busy W Greenfield Ave, a densly populated area just south of Milwaukee's downtown.
EXECUTIVE SUMMARY
RES/MULTIFAMILY DEVELOPMENT OPPORTUNITY on busy Greenfield Avenue in the City of Milwaukee. This 3/4 acre parcel was formerly used by a school for parking, athletics, and green space. It is now ready for residential development. The Sellers will consider assisting or partnering with a well-qualified developer. This is a densely populated area that will welcome new housing. The vehicle count on W Greenfield Ave is over 13,000 vehicles per day according to WisDOT. All utilities are in the street. The current zoning is LB-2 but the City really wants housing or multifamily here. The L-shaped lot features 176 ft of frontage on W Greenfield Ave plus 277 ft of frontage on S. 22nd St. The two parcels are 176x137 (24,112 sf) and 139x57 (7,923 sf), separated by the alley. Seller will assist with environmental work estimated at $70,000.
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PROPERTY FACTS
| Price | $225,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.73 AC |
| Property Type | Land | ||
| Zoning | LB2 - Residential, Local Business | ||
| Price | $225,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.73 AC |
| Zoning | LB2 - Residential, Local Business |
1 LOT AVAILABLE
Lot 4590204110
| Price | $225,000 | Lot Size | 0.73 AC |
| Price Per AC | $308,219.18 |
| Price | $225,000 |
| Price Per AC | $308,219.18 |
| Lot Size | 0.73 AC |
The 3/4 acre parcel is L-shaped with these two sections separated by the alley: 176x137= 24,112 sf with 176' frontage on Greenfield, and137' frontage on S. 22nd ST; 139x57=7,923 sf with 139' of frontage on S 22nd ST, and 57' frontage on Orchard ST.
Walk Score®
Very Walkable (81)
1 of 4
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2137 W Greenfield Ave - Development Site at 22nd & Greenfield
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