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521 E Corcoran Ave 20,864 SF Vacant Industrial Building Milwaukee, WI 53202 $1,575,000 ($75.49/SF)
Investment Highlights
- One of the last significant redevelopment sites in the Historic Third Ward.
- Located near Summerfest grounds and other cultural attractions.
- Convenient access to I-794 and downtown Milwaukee.
- Surrounded by new apartments and the Milwaukee Ballet headquarters.
- Walkable to Milwaukee Public Market, dining, and entertainment options.
Executive Summary
521 E Corcoran Street presents a rare redevelopment opportunity in Milwaukee’s vibrant Historic Third Ward. Situated on a 0.55-acre site, this two-story brick building with a full basement offers approximately 20,864 square feet of space, making it an attractive option for adaptive reuse or mixed-use development. The property is surrounded by new residential projects, the recently completed Milwaukee Ballet facility, and a variety of retail, dining, and entertainment venues, reinforcing its appeal for future growth.
The site benefits from its proximity to downtown Milwaukee, the Milwaukee River, and major transportation routes, including I-794, providing excellent connectivity throughout the city. Located near Summerfest grounds and within walking distance of the Milwaukee Public Market, the property is positioned in one of the city’s most dynamic neighborhoods, known for its historic character and strong demand for residential and commercial uses. With C9G Mixed Activity zoning, the property offers flexibility for a range of redevelopment concepts, from residential lofts to creative office or retail space.
The site benefits from its proximity to downtown Milwaukee, the Milwaukee River, and major transportation routes, including I-794, providing excellent connectivity throughout the city. Located near Summerfest grounds and within walking distance of the Milwaukee Public Market, the property is positioned in one of the city’s most dynamic neighborhoods, known for its historic character and strong demand for residential and commercial uses. With C9G Mixed Activity zoning, the property offers flexibility for a range of redevelopment concepts, from residential lofts to creative office or retail space.
Property Facts
| Price | $1,575,000 | Lot Size | 0.55 AC |
| Price Per SF | $75.49 | Rentable Building Area | 20,864 SF |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1908 |
| Property Type | Industrial | Clear Ceiling Height | 12’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 3 |
| Building Class | C | ||
| Zoning | C9G - Mixed Activity | ||
| Price | $1,575,000 |
| Price Per SF | $75.49 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.55 AC |
| Rentable Building Area | 20,864 SF |
| No. Stories | 2 |
| Year Built | 1908 |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | C9G - Mixed Activity |
Amenities
- Commuter Rail
- Cooler
- Fenced Lot
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 392-2173-111-9 | Improvements Assessment | $100 |
| Land Assessment | $731,500 | Total Assessment | $731,600 |
Property Taxes
Parcel Number
392-2173-111-9
Land Assessment
$731,500
Improvements Assessment
$100
Total Assessment
$731,600
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521 E Corcoran Ave
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