Listing provided courtesy of Shorewest Realtors - South MetroMetro MLS- MLS# 1948646MLS ProviderContact Information: [email protected]

1011 Madison AveSouth Milwaukee, WI 53172

Commercial · 8,000 Sq. ft. | 0.24 Acres
$499,900 Active

1011 Madison Ave Overview

Time on Site:
152 days
Visits:
36

Prime commercial opportunity in the heart of downtown South Milwaukee! This versatile property offers approximately 17,940 sq ft, including the basement, & is currently configured into 2 separate units w/a shared main entrance. The seller has recently replaced the heating unit, providing peace of mind for the next owner. The building features a large warehouse space at the rear, complete with a garage door for easy loading & deliveries, making it ideal for a variety of business uses. Off-street parking is conveniently located directly in front of the building. With a flexible layout & a central, downtown location, this property is ready for a new owner to bring their vision to life. A great opportunity for investors looking to establish a presence in a thriving South Milwaukee community.

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1011 Madison Ave Facts & Features

  • Type Commercial
  • Sq. ft. 8,000
  • Price/Sq.ft. $62
  • Lot 0.24 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Operating Expense Includes: Other

Listing Information

  • Concessions: Yes

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: South Milwaukee

Tax Information

  • Tax Annual Amount: 6545.09
  • Tax Year: 2025

General Information

  • Parcel Number: 7710155000
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: Z4

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 8000

General Information

  • Basement: Full
  • Building Features: 220 Volt Power,Inside Storage
  • Living Area Source: Seller

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10454.4
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Other

General Information

  • Road Frontage Type: Town/City Road
  • Sewer: Municipal Sewer

1011 Madison Ave Neighborhood

Community

53172 (SOUTH MILWAUKEE) Demographics

40
Median Age
3,685
Population Density (per sq. mile)
35%
College Educated
$57,286
Estimated Median Income
4,983
Estimated Total Home Owners
3,478
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1011 Madison Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1011 Madison Ave Market Data

Based on the last 30 days in this zip code

$313,708
Average List Price
$208
Average Price per Square Foot
9
Properties Sold
29
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

1011 Madison Ave History

Date Event Value Agent
3/5/2026Source: Metro MLS Price Reduction
$499,900 -9.1%
1/28/2026Source: Metro MLS Added to Database
January 28, 2026