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1801-1805 N Dr Martin Luther King Jr Dr
Milwaukee, WI 53212 Halyard Park

$295,000 - $894,000 USD

Freestanding Condos For Sale  •  1,721+ SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,702 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1898
  • Tenancy Multiple
  • Zoning CSC85
63 Transit Score
87 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 10 Office/Retail 1,721 SF $280,000 USD
  • Unit Size: 1,721 SF
  • Condo Use: Office/Retail
  • Price: $280,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $162.70 USD
Description
One furnace (Rheem 85,000 BTU gas furnace), and one A/C unit (Rheem 4-ton)
installed 2021. Furnace room accessible from the west residential entry. Condo fees are $5,244 and parking fees are 4 stalls for $16,000 ($4,000 each)

Sale Notes
Rare opportunity to own exceptional storefront office/retail condominium spaces on vibrant Dr. Martin Luther King Jr. Drive with easy on-site and unmetered street parking! Located in the heart of the Brewer’s Hill/Bronzeville commercial district and a stone’s throw from the Deer District and everywhere else you want to be, these units offer attractive and versatile commercial spaces for retail, showroom,
or retail/office work environments. Absolutely a must-see for any organization or retailer needing affordable high-visibility, move-in ready space. This beautifully renovated turn-of-century building offers a high profile, easy-to-find location with convenient freeway access (Marquette exchange for I43 north /south & I94 east/west) plus immediate proximity to downtown, restaurants, shopping, hotels, and entertainment venues. The corner unit is vacant and ready for occupancy, while the other unit is leased and offers a solid income stream to a long-standing quality tenant.

1st Floor - Unit 9 Office/Retail 6,714 SF $760,000 USD
  • Unit Size: 6,714 SF
  • Condo Use: Office/Retail
  • Price: $760,000 USD
  • Sale Type: Investment
  • Price/SF: $113.20 USD
Description
In Line unit. East side: Two furnaces (Rheem 115,000 BTU 95% efficient gas furnace), two A/C units (Rheem 5-ton), and one HRV added to serve east furnace (Broan #HRV90, 90CFM). Units installed in 2021. The furnaces are located in the basement.  West side: Two furnaces and A/C units installed in 2006. Located in the mechanical room on the first floor. Two-phase power and reserved parking stalls in the secured adjacent surface lot available as follow: 12 stalls for $48,000 ($4,000 each). Condo fees are $21,300 ($3.17/sf)

Sale Notes
Leased to Pearls for Teen Girls through 7/31/2025 with one remaining 5-year
renewal right. 
Rare opportunity to own exceptional storefront office/retail condominium spaces on vibrant Dr. Martin Luther King Jr. Drive with easy on-site and unmetered street parking! Located in the heart of the Brewer’s Hill/Bronzeville commercial district and a stone’s throw from the Deer District and everywhere else you want to be, these units offer attractive and versatile commercial spaces for retail, showroom,
or retail/office work environments. Absolutely a must-see for any organization or retailer needing affordable high-visibility, move-in ready space. This beautifully renovated turn-of-century building offers a high profile, easy-to-find location with convenient freeway access (Marquette exchange for I43 north /south & I94 east/west) plus immediate proximity to downtown, restaurants, shopping, hotels, and entertainment venues. The corner unit is vacant and ready for occupancy, while the other unit is leased and offers a solid income stream to a long-standing quality tenant.

Description

Beautiful mixed use turn of century cream city brick building in quickly redeveloping MLK/Bronzeville neighborhood immediately north of the Deer District sports & entertainment corridor.

Property Flyers

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Milwaukee (Empire Builder - Amtrak) 4 min - 1.5 mi
General Mitchell Intl. Airport Amtrak Station (Hiawatha Service - Amtrak) 18 min - 9.2 mi
AirportDriveWalkDistance
General Mitchell International 17 min - 9.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Marianne Burish 414-305-3070 Transwestern Real Estate Services
Marianne Burish 414-305-3070 Transwestern Real Estate Services