2329 W North Ave - Freestanding FOR SALE


Milwaukee, WI 53205- Midtown Milwaukee
$799,000 USD
414-858-5218
2329 W North Ave, Milwaukee, WI for Sale
$799,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

2329 W North Ave
Milwaukee, WI 53205
Midtown Milwaukee


HIGHLIGHTS

  • Single tenant, national retail building, formerly Advance Auto Parts
  • Ample parking with 2 ingress/egress locations
  • +/- 14,000 vehicles/day via W North Ave & +/- 5 minutes from I-43
  • Being sold in "As-Is" condition

OVERVIEW

Positioned on bustling W North Avenue, this ±7,054 SF retail property offers a prime investment opportunity in Milwaukee’s dynamic urban corridor. Built in 2021, the building features modern construction and a layout ideal for a variety of retail uses. The site benefits from ±14,000 vehicles per day and excellent visibility, complemented by two convenient ingress/egress points and ±26 parking spaces. Located just five minutes from I-43, the property ensures seamless connectivity to downtown Milwaukee and surrounding neighborhoods, making it attractive for both local and regional customers. The asset sits on ±0.83 acres within a CS zoning district, providing flexibility for future redevelopment or adaptive reuse. Demographics underscore strong market fundamentals: over 468,000 residents within five miles and an average household income exceeding $76,000. This property’s strategic location near major retail corridors and community amenities enhances its long-term value proposition. This is an excellent opportunity for investors seeking a well-positioned retail asset in a high-traffic area with strong growth potential.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

CS

APN/PARCEL ID

350-4052-000-5

ASK ABOUT THIS PROPERTY

Patrick McGlinnAnderson Commercial Group LLCMore Info
414-858-5218

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Patrick McGlinnAnderson Commercial Group LLCMore Info
414-858-5218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.