About 524 N Water St
Well-maintained, fully occupied mixed-use property located in the heart of Downtown Milwaukee. Comprised of approximately 8,800 square feet, the building features three retail units and three upper-level multifamily apartments, offering a balanced and diversified income stream across both residential and commercial tenancy. Currently fully leased, this building offers investors in-place cash flow with value-add potential through rental upside on the residential units, which are currently leased below market rates. The retail units are leased to a diverse mix of tenants, minimizing risk and ensuring long-term income stability. The building's flexible layout, strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation.
Features of 524 N Water St
| MLS® # | 1937302 |
|---|---|
| Price | $1,850,000 |
| Acres | 0.06 |
| Year Built | 1880 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 524 N Water St |
|---|---|
| City | Milwaukee |
| County | Milwaukee |
| State | Wisconsin |
| Zip Code | 53202 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
Interior
| # of Stories | 3 |
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Exterior
| Exterior | Brick |
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School Information
| District | Milwaukee |
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Additional Information
| Zoning | C9FA |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Data Source | MetroMLS |
Listing Details
| Office | Inland Real Estate Partners, LLC |
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