REO - 2200 West National Ave

Investment Overview

LENDER OWNED- An excellent investment opportunity featuring a two-story mixed-use building with a total GBA of 7,288 SF, situated on a 0.12-acre parcel, located on the corner of S 22nd St. and W National Ave. Parcel is zoned LB-2 for Local Business District use. Built in 1897, the property offers a combination of ground-floor commercial space and second-floor residential apartments. The building features two commercial units on the ground floor, measuring approximately 1,566 SF and 2,078 SF, respectively, each equipped with one restroom. The second floor consists of four residential apartments with a diverse unit mix of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Additional features include a full, unfinished basement with a sink, a full bathroom, and storage area. The rear of the property features a raised deck and a storage shed. All units are separately metered for electricity only. With two commercial spaces and four residential apartments, the property offers multiple potential income streams within one mixed-use asset. All tenants are currently on month-to-month basis, and existing rents are below market, providing an opportunity for an investor to explore rental adjustments over time. The property's corner location, commercial frontage, and residential unit mix offer an opportunity for an investor seeking a value-add mixed-use investment in Milwaukee.

Investment Highlights

• LENDER OWNED- A Unique Opportunity to Acquire a Mixed-Use Property
• Value-Add
• All tenants currently on month-to-month basis
• Great Upside Potential in Rents
• Corner Location
• On-Site Parking