1749 Prospect AveMilwaukee, WI 53202

This stunning 11,549 sq ft, three-story mansion, built between 1874-1875, presents a unique investment opportunity in Milwaukee's coveted Gold Coast neighborhood. Located on a 0.246-acre lot (10,725 sq ft) at 1749 North Prospect Avenue, this Class B property boasts 17 tandem parking spaces and is zoned RM7 (Residential/Commercial use), offering exceptional flexibility. Extensively refurbished over the past 50 years as classic office space, it's easily adaptable for hospitality uses (Airbnb, VRBO, bed and breakfast) or residential conversion. The property features a full garden level and a deck overlooking Lake Michigan. Its prime location places it across the street from St. John's and the Charles Allis Art Museum, near the lakefront, downtown, Brady Street's vibrant restaurants, and entertainment venues. Recently granted historic status, it's eligible for state and federal historic tax credits (up to 40% of renovation costs). Existing architectural plans and structural analysis are available to assist the buyer. The property includes a gas boiler/central air HVAC system, municipal utilities, and a 200-amp electrical service (to be verified). 2023 real estate taxes were $26,938. The APN is 3550001000. This is a single-tenancy building with significant redevelopment potential.