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6055 W Lisbon Ave 14,911 SF Retail Building Milwaukee, WI 53210 $957,363 CAD ($64.21 CAD/SF)
Investment Highlights
- Hard corner positioned at major intersection in the city of Milwaukee.
- Plentiful parking with 44 surface parking stalls.
- Opportunity to lower assessment post-closing.
- Three points of full access - two additional right-in, right-out.
- Excellent opportunity for office, medical, or retail use with building in good condition.
- Traffic Counts: 11,600 VPD on Lisbon Avenue and 5,000 VPD on Center Avenue
Executive Summary
Formerly occupied as a bank branch, 6055 W. Lisbon Avenue in Milwaukee, Wisconsin offers a highly visible and versatile opportunity at a hard corner location along a major city intersection. The ±14,911 SF building, including a basement, sits on a 1.26-acre parcel and features three points of full access along with two additional right-in/right-out access points, providing excellent ingress and egress. The property includes 44 surface parking stalls and is well positioned for office, medical, or retail use, with the building in good overall condition. Offered at $695,000, the asset benefits from a significant 2024 assessed value of $1,927,500 and 2024 taxes of $44,420, with a clear opportunity to pursue a lower assessment post-closing. The surrounding trade area is anchored by strong national and regional cotenants including Dollar General, Ascension, U.S. Bank, Sentry, and the United States Postal Service, and is supported by solid traffic counts of approximately 11,600 vehicles per day on Lisbon Avenue and 5,000 vehicles per day on W. Center Avenue, enhancing long-term visibility and demand.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
14,911 SF
Building Class
C
Year Built
1969
Price
$957,363 CAD
Price Per SF
$64.21 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
1.26 AC
Zoning
LB2 - Local Business
Parking
44 Spaces (2.95 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 305-9994-111-4 | Improvements Assessment | $2,364,204 CAD |
| Land Assessment | $282,447 CAD | Total Assessment | $2,646,650 CAD |
Property Taxes
Parcel Number
305-9994-111-4
Land Assessment
$282,447 CAD
Improvements Assessment
$2,364,204 CAD
Total Assessment
$2,646,650 CAD
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6055 W Lisbon Ave
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