2012-2028 E North Avenue
Office | 6.55% CAP | 17,248 SqFt
Marketing description
The offering of 2012–2028 E North Avenue presents a rare opportunity to
acquire a historic mixed-use property in the heart of Milwaukee’s thriving East
Side. This iconic building combines irreplaceable architectural character with
modern upgrades, offering flexible retail and office spaces that cater to the
area’s diverse, affluent, and growing demographic. Surrounded by vibrant
nightlife, dining, and cultural attractions — and just minutes from the
University of Wisconsin-Milwaukee — the property is perfectly positioned for
strong tenant demand and consistent cash flow. With recent capital
improvements already completed, investors can immediately benefit from
stabilized income and long-term appreciation in one of the city’s most desirable
urban corridors.
Investment highlights
Significant renovations were completed in 2020, updating interior and
functional elements of the building, leaving the historic architecture and
brick construction.
Both retail spaces and five of the six office spaces are currently leased.
The retail tenants are leased through 2029 and 2034
Retail tenants are mostly self-sufficient, making this a very simple property
to manage.
High-performing intersection with excellent visibility.
This property sits within close proximity to many types of businesses. as well
as residential neighborhoods, affording it versatility in leasing vacant
spaces.
Many points of significance are within a five minute drive, including
Bradford Beach, UW-Milwaukee, and Colombia St. Mary's Hospital (just a
block away).
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