2215 Mount Vernon AveMilwaukee, WI 53233

  • Industrial properties
  • 17,694 SF
For Sale
$2,600,000 View listing

Property Details for 2215 Mount Vernon Ave

Year built
1895
Lot size
4.78 AC
Property size (Sq ft)
17,694 SF
Zone code
PD
Property type
Industrial properties
Property subtype
Other warehouses
APN
400-0972-000
APU
4000972000

Description

This exceptional 16,477-square-foot special purpose facility in Milwaukee, Wisconsin, presents a unique investment opportunity. Located at 2215 W Mt Vernon Ave, 53233, this three-story building boasts a remarkable 40-foot ceiling height, allowing for significant floor expansion and 100% clearspan potential. The property enjoys approximately 750 feet of Menomonee River frontage, offering stunning views and potential for further development. Its strategic location provides unparalleled visibility, situated along I-94 with a daily traffic volume exceeding 164,000 vehicles. The property benefits from its proximity to a major four-way interchange at 27th Street and I-94, ensuring easy access and high traffic flow. The asking price is $2,600,000, translating to $157.80 per square foot. The permitted zoning is PD, allowing for a variety of potential uses. This property is ideal for businesses seeking high visibility, ample space, and flexible zoning options in a thriving Milwaukee location. Multiple financing opportunities are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,656,888
    Hospitality
    $3,349,690
    Educational
    $2,786,902
    Medical
    $2,882,748
    Retail
    $4,335,182
2215 Mount Vernon Ave, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0334
Longitude
-87.9436
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,977
$699,100
$265,900
$965,000
-
$699,100
$265,900
$965,000

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