$6,000

0 Beds 0 Baths 2,500 Sqft

1031 N Martin Luther King Jr Drive, Milwaukee, WI 53203

Property Type: Commercial
Time on Market: 42 days
Price per Sqft: $2
Total Taxes: $17,259
Est. Age: 21+ Years

Description

Premier storefront opportunity in the heart of Downtown Milwaukee's thriving Westown district on N. Dr. Martin Luther King Jr. Drive. Positioned between Wisconsin Ave, Fiserv Forum, and the Deer District, this corridor benefits from strong daily foot traffic, office density, nearby residential growth, and major event traffic year-round. The historic cream city brick interior offers soaring ceilings, polished concrete floors, expansive storefront windows, and an open, adaptable layout. Recent upgrades include a brand-new hood vent system, new 3-phase electrical, and a new furnace -- ideal for restaurant, cafe, retail, or experiential concepts seeking a high-visibility downtown presence.

Property Details

Interior

Basement:
  • Full
Heating/Cooling:
  • Central Air, Forced Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,500
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: 2001-2500

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone
Parking:
  • Spaces: 1.0
Roofing:
  • Rubber/Membrane
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Ceiling Height: 16 - 20 feet
  • Features: Expenses Include: Property Insurance, Expenses Include: Repair & Maintenance, Expenses Include: Taxes-Pers. Property, Expenses Include: Utilities, Display Window, Inside Storage, Interior Sprinkler
New Construction:
  • N
Postal:
  • Code: 53203
Real Estate Included:
  • N
Street:
  • Direction Prefix: North
  • Name: Martin Luther King Jr DRIVE
  • Suffix: DRIVE
Tax Year:
  • 2025
Zoning:
  • C9G

Map

Monthly Payment Calculator

$
Enter the listed price of the home.
$
Enter the down payment amount in dollars.
%
Enter the down payment percentage.
%
Enter the annual interest rate for the mortgage.
Est.
0.00
/month
Principal & Interest
$
Property Taxes
$
Enter the monthly property taxes.
Home Insurance
$
Enter the monthly home insurance cost.
Mortgage Insurance
$
Enter the monthly mortgage insurance cost.
HOA Fees
$
Enter the monthly HOA fees.
Utilities
$
Enter the monthly utilities cost.

Schools and Neighborhood

Postal City:
  • Milwaukee
Municipality:
  • Name: MILWAUKEE
  • Type: City
County:
  • MILWAUKEE

Market Comparison

How this property compares to local market averages — calculated 4/17/2026

This Property
Milwaukee Commercial Property Avg
Milwaukee County Commercial Property Avg
List Price
$6,000
$489,730
$557,367
Median Price
$350,000
$419,000
Price / Sq Ft
$2
$91
$110
Days on Market
42 days
145 days
149 days
Total Listings
109
159

Listing Information

  • Time on Market: 42 days
  • Place Perfect Last Updated: 2026-03-06 06:47:42
  • MLS Number: 1952521
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Refined Properties
  • Listing Agent: Brandon Tyler
WIREX Logo

This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

© 2026 WIREX-Wisconsin Real Estate Exchange – All Rights Reserved