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1009 N Dr Martin Luther King Jr Dr
Milwaukee, WI 53203
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Unique Bar/Restaurant/Multifamily Opportunity
- Zoned C9G - Mixed Activity
- Retail & Residential Space
EXECUTIVE SUMMARY
Unlock this unique bar/restaurant/multifamily opportunity at 1009-1011 N. Dr. MLK Jr. Drive in vibrant Milwaukee, Wisconsin. Available for sale or lease, this prime commercial and residential building offers a distinctive blend of historical charm and modern potential in a rapidly developing area.
The property features a spacious ground floor ideal for a bustling bar or restaurant, plus three upper-level apartments that provide additional rental income, making this a multifaceted retail/multifamily investment opportunity.
Whether you envision a thriving hospitality venue with stylish residential units above or a complete redevelopment to capitalize on Milwaukee’s competitive housing market, this location delivers the perfect foundation for your vision.
Address: 1009-1011 N Dr. MLK Jr. Drive (aka Old World 3rd Street), Milwaukee, WI 53203
Building Size: 6,936 SF Total
Retail - 1st Floor: 2,312 SF
Residential - 2nd & 3rd Floors: 4,624 SF
List Price: $1,500,000
Lease Rate: CONTACT BROKER
Lot Size: 0.07 Acre
Parcel ID: 361-0530-000-4
Zoning: C9G - Mixed Activity
Year Built: 1888
The property features a spacious ground floor ideal for a bustling bar or restaurant, plus three upper-level apartments that provide additional rental income, making this a multifaceted retail/multifamily investment opportunity.
Whether you envision a thriving hospitality venue with stylish residential units above or a complete redevelopment to capitalize on Milwaukee’s competitive housing market, this location delivers the perfect foundation for your vision.
Address: 1009-1011 N Dr. MLK Jr. Drive (aka Old World 3rd Street), Milwaukee, WI 53203
Building Size: 6,936 SF Total
Retail - 1st Floor: 2,312 SF
Residential - 2nd & 3rd Floors: 4,624 SF
List Price: $1,500,000
Lease Rate: CONTACT BROKER
Lot Size: 0.07 Acre
Parcel ID: 361-0530-000-4
Zoning: C9G - Mixed Activity
Year Built: 1888
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,160 SF
Building Class
C
Year Built
1888
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.05
Lot Size
0.07 AC
Zoning
C9G - Mixed Activity
Frontage
30’ on N Old World Third St
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 361-0530-000-4 | Improvements Assessment | $439,421 CAD |
| Land Assessment | $111,189 CAD | Total Assessment | $550,610 CAD |
PROPERTY TAXES
Parcel Number
361-0530-000-4
Land Assessment
$111,189 CAD
Improvements Assessment
$439,421 CAD
Total Assessment
$550,610 CAD
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