Presenting a rare investment opportunity at 701–809 W Cleveland Avenue, a recently revitalized multi-building industrial campus on 3.45 acres in Milwaukee’s established industrial corridor. This expansive former factory offers a flexible mix of spaces, ideal for owner-occupiers or investors seeking stable rental income with significant upside potential. The property features six long-term, triple-net leased tenants generating approximately $38,000 monthly, alongside over 120,000 square feet of vacant, modernized space ready for immediate occupancy.
Extensive capital improvements have been made, including a new TPO and metal roofing with 30-year warranties, a fully upgraded 1,000-amp, 3-phase electrical system, and energy-efficient infrared heating controlled by a mobile app. Additional amenities include 30-foot ceilings, oversized drive-in doors, dock loading, LED lighting, and air-conditioned office buildouts, blending historic character with modern industrial functionality. 701–809 W Cleveland Avenue is a multi-story, multi-building layout formed by combining eight original structures into one versatile complex. This includes a six-story cream city brick building, recently roofed and renovated with tuckpointing and masonry repairs. Interior features include partitioned offices, kitchens, extensive natural light, and multiple loading docks with garage doors up to 40 feet wide, ensuring seamless logistics and operations. The expansive paved parking lot accommodates over 100 vehicles, enhancing tenants' and visitors' access.
Located within a mile of Interstates 94, 43, and 41, this property benefits from direct connectivity to major regional and national freight corridors. Rail service is available from both Union Pacific and Canadian Pacific lines, while the nearby Port of Milwaukee connects tenants to international shipping via the Great Lakes and St. Lawrence Seaway. Milwaukee Mitchell International Airport, just five miles south, supports cargo and passenger services. The surrounding industrial district is anchored by prominent neighbors such as Milport Enterprises, Norberg Manufacturing, and ICM Corporation. Tenants also enjoy proximity to major national retailer,s including Target, Aldi, and Walgreens. With over 86,000 skilled industrial workers in the immediate area and strong business incentives such as tax credits, TIF districts, and economic development programs, Milwaukee remains one of the Midwest’s most attractive industrial markets. 701–809 W Cleveland Avenue offers buyers a highly scalable, income-generating asset with a proven tenant base and room for future growth in a prime logistics hub.