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635 W Historic W Mitchell St 3,360 SF 100% Leased Retail Building Milwaukee, WI 53204 $149,900 ($44.61/SF)
Investment Highlights
- Signalized Intersection
- Office with Second Floor Apartments
- Lot's of Foot Traffic
Executive Summary
Redevelopment opportunity in Milwaukee’s Historic Mitchell Street corridor. This mixed-use property requires a complete renovation and is well-suited for investors, developers, or owner-users seeking to reposition a highly visible asset. Prime location with strong frontage, dense surrounding population, and significant upside through renovation and lease-up.
Property is being sold in “AS-IS, WHEREIS” condition without warranties or representations as to the condition of the property.
Property is being sold in “AS-IS, WHEREIS” condition without warranties or representations as to the condition of the property.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$4,155
|
$1.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,155
|
$1.24
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $4,155 |
| Annual Per SF | $1.24 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,155 |
| Annual Per SF | $1.24 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,360 SF
Building Class
C
Year Built
1895
Price
$149,900
Price Per SF
$44.61
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
LB2 - Local Business - Wide range of uses accepted.
Frontage
Amenities
- Bus Line
- Signalized Intersection
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 461-0503-000-2 | Total Assessment | $169,000 |
| Land Assessment | $5,000 | Annual Taxes | $4,155 ($1.24/SF) |
| Improvements Assessment | $164,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
461-0503-000-2
Land Assessment
$5,000
Improvements Assessment
$164,000
Total Assessment
$169,000
Annual Taxes
$4,155 ($1.24/SF)
Tax Year
2025
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
635 W Historic W Mitchell St