111 Kilbourn AveMilwaukee, WI 53203

This exceptional 8,396 square foot restaurant building, located at 111 W Kilbourn Ave in Milwaukee, Wisconsin, presents a unique investment opportunity. Situated on a 0.21-acre lot in the heart of downtown Milwaukee, at the corner of Plankinton and Kilbourn Avenues, this two-story building boasts a prime location on the Milwaukee River. Built in 1974, the property is zoned C9D(A) and features a single building with 19 covered parking spaces in a secure area. Currently occupied by Benihana, the restaurant will vacate at the end of 2024, providing immediate occupancy for a new tenant or redevelopment. The asking price is $1,650,000. This high-visibility location offers significant potential for a variety of restaurant concepts or other retail uses, capitalizing on the bustling downtown Milwaukee environment and its proximity to major attractions and high foot traffic. The property's existing infrastructure and ample parking provide a solid foundation for a successful business venture. This is a rare opportunity to acquire a well-situated, established restaurant building in a thriving urban core. The property is not subject to a ground lease.