5825 Hope Ave Milwaukee, WI 53216

Exceptional investment opportunity in Milwaukee, Wisconsin. This 161,022 square foot property, situated on a 15.23-acre lot at 5825 W Hope Ave, 53216, presents significant redevelopment potential. Formerly a Walmart, this large-scale building offers versatile options for adaptive reuse. Considered a national anchored shopping center, its location along Capitol Drive between Fond du Lac Ave and 60th Street provides excellent visibility and access within a densely populated area. Built in 2002, the structure boasts 3 loading docks, a 4-bay auto/truck service center, and a generous 240 surface parking spaces. The interior features 18-21 foot clear ceiling heights. The property is zoned RB2 - Regional Business Commercial Business, although some use restrictions apply as part of the Midtown Center's overall plan. Potential uses include mixed-use redevelopment, multi-family housing, self-storage, flex-distribution, or last-mile logistics. The asking price is $4,500,000, translating to $27.95 per square foot. This is a rare chance to acquire a substantial property in a thriving Milwaukee location.