Renovated Turnkey Flex | Menomonee Valley 1741 W Saint Paul Ave 60,000 SF Vacant Flex Building Online Auction Sale Milwaukee, WI 53233

Discover the untapped potential of a versatile flex facility at the heart of Milwaukee’s Menomonee Valley neighborhood at 1741 W Saint Paul Avenue. Offered vacant, this one-of-a-kind property offers distinctive architecture and a flexible, mostly open layout that is perfect for creative offices, showrooms, specialty, or light industrial use.

1741 W Saint Paul Avenue spans a total of approximately 60,000 square feet across three stories, with attractive brick-and-beam construction that delivers high ceilings (20-foot clear height) and character-rich architecture that includes beautiful wood-beamed ceilings and exposed brick walls. The property has been recently upgraded with all-new mechanical systems, lighting, and a new ADA elevator, enhancing operational efficiency. There is significant potential for industrial uses such as light manufacturing, with two drive-in doors and a 400-amp, 3-phase power supply. The sale also includes an adjacent parking lot across the street, offering 21 surface spaces for employee and client convenience.

Strategically poised in the Menomonee Valley neighborhood, 1741 W Saint Paul Avenue enjoys excellent connectivity to the greater market, with immediate access to Interstates 94 and 43. The building’s signage, visible from Interstate 94, provides robust brand exposure to more than 172,000 daily vehicles. These vital thoroughfares allow travel to Downtown Milwaukee in 2 miles and the Milwaukee Mitchell International Airport in just 10 miles.

Menomonee Valley offers a premier destination for growing businesses and new investment, featuring some of the area’s most popular demand- and traffic-driving attractions. The area is home to American Family Field, the Milwaukee VA Medical Center, the Potawatomi Casino Hotel, and the Harley-Davidson Museum. Additionally, employees at the property can easily enjoy top-tier outdoor recreation at Mitchell Park and the Hank Aaron State Trail, as well as watersports on the Menomonee River. Tenants at 1741 W Saint Paul Avenue can quickly walk to a number of popular local restaurants and breweries, with a wealth of added retail amenities available nearby on the Miller Park Way retail corridor, offering national brands such as Walmart Supercenter, Target, Menard’s, AutoZone Auto Parts, Starbucks, Chili’s, Culver’s, and Wingstop.

1741 W Saint Paul Avenue also poses significant strength as a value-add investment, with a number of available growth opportunities. The building’s flexible layout and turnkey features make it attractive to local tenants, offering optionality for single-tenant use or multi-tenant conversion. Situated within Milwaukee’s Near SW Submarket, the property sits within a competitive leasing environment that boasts limited industrial vacancies of 3.2% and office vacancies of just 2.7%. This tight leasing environment has driven consistent appreciation during the past five years, with annual average rent growth of 1.9% in office properties and 6.1% in industrial properties during the past five years.

A valuable combination of recently updated, contemporary features, a competitive leasing environment, and an easily accessible location in one of Milwaukee’s most sought-after submarkets sets 1741 W Saint Paul Avenue apart as the perfect choice for businesses and investors seeking stable growth in this vibrant Midwest hub.

Property tours are by appointment only. Please contact the listing broker to schedule.