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Pevnick Design 527 N 27th St 21,000 SF Retail Building Milwaukee, WI 53208 $840,000 ($40/SF)
Investment Highlights
- Strategically located adjacent to a major highway for superior access and visibility.
- Spacious rear warehouse area with high ceilings and additional offices, vacant for flexible use
- Situated in a growing industrial corridor supported by ongoing city redevelopment initiatives
- Leased office spaces currently occupied by churches, dance studios, and small business offices - Currently generating ˜ $30,000 in income
- Stable income generated from leased office space, providing immediate cash flow
- Ideal investment or owner-user opportunity with room for expansion and customization
Executive Summary
Presented by Suburban Management Co., this commercial property at 527 North 27th Street, Milwaukee offers excellent highway-adjacent access.
The building features leased office spaces occupied by churches, dance studios, and small business offices, generating strong income.
The spacious, high-ceiling warehouse and office area in the rear, currently used by the owner, will be vacant upon sale, offering flexibility for a new tenant or owner-user. Situated in a growth-oriented industrial corridor with ongoing city redevelopment, this property presents a unique opportunity for investors or businesses seeking versatile space with highway convenience in Milwaukee’s evolving market.
The building features leased office spaces occupied by churches, dance studios, and small business offices, generating strong income.
The spacious, high-ceiling warehouse and office area in the rear, currently used by the owner, will be vacant upon sale, offering flexibility for a new tenant or owner-user. Situated in a growth-oriented industrial corridor with ongoing city redevelopment, this property presents a unique opportunity for investors or businesses seeking versatile space with highway convenience in Milwaukee’s evolving market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,000 SF
Building Class
C
Year Built
1896
Price
$840,000
Price Per SF
$40
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Slab To Slab
13’
Building FAR
0.91
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
LB2F
Parking
15 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
155’ on 27th St
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 401-0981-000-4 | Improvements Assessment | $467,700 |
| Land Assessment | $93,000 | Total Assessment | $560,700 |
Property Taxes
Parcel Number
401-0981-000-4
Land Assessment
$93,000
Improvements Assessment
$467,700
Total Assessment
$560,700
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Gerald S. Glazer Real Estate
Pevnick Design | 527 N 27th St
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