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907 S 1st St 44,433 SF Retail Building Milwaukee, WI 53204 $1,999,999 ($45.01/SF)
Investment Highlights
- Great Walker’s Point/Fifth Ward Location.
- Three (3) Stories Above Ground for Possible Conversion
- Adjacent Parking Lot Included in Sale.
- Historic Building
Executive Summary
907 S. 1st Street offers the opportunity to acquire a historic commercial building in Milwaukee's Walker’s Point/Fifth Ward neighborhood. Built in 1907, the approximately 44,433-square-foot property sits on approximately 0.803 acres and includes an adjacent parking lot as part of the sale.
The three-story brick and masonry structure is zoned IM Industrial-Mixed, allowing for a variety of industrial, commercial, and redevelopment uses. The property's multi-level configuration presents potential for owner-users, investors, or adaptive reuse projects.
Located near downtown Milwaukee, the asset benefits from access to established business districts, entertainment destinations, and major transportation routes. Its historic character, flexible zoning, and included parking make it a compelling opportunity for users and investors seeking a well-located urban asset.
The three-story brick and masonry structure is zoned IM Industrial-Mixed, allowing for a variety of industrial, commercial, and redevelopment uses. The property's multi-level configuration presents potential for owner-users, investors, or adaptive reuse projects.
Located near downtown Milwaukee, the asset benefits from access to established business districts, entertainment destinations, and major transportation routes. Its historic character, flexible zoning, and included parking make it a compelling opportunity for users and investors seeking a well-located urban asset.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
44,433 SF
Building Class
C
Year Built
1907
Price
$1,999,999
Price Per SF
$45.01
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.87
Lot Size
1.17 AC
Opportunity Zone
Yes
Zoning
IM - Industrial mixed
Parking
70 Spaces (1.58 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 431-0949-111-0 | Improvements Assessment | $1,184,200 |
| Land Assessment | $700,000 | Total Assessment | $1,884,200 |
Property Taxes
Parcel Number
431-0949-111-0
Land Assessment
$700,000
Improvements Assessment
$1,184,200
Total Assessment
$1,884,200
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907 S 1st St
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