$1,795,000

0 Beds 0 Baths 8,000 Sqft

1331 N Dr Martin Luther King Jr Drive, Milwaukee, WI 53212

Property Type: Commercial
Building Type: Free Standing
Time on Market: 42 days
Price per Sqft: $224
Total Taxes: $24,103
Est. Age: 21+ Years

Description

A historic Cream City brick mixed use property offers a premier ''Live-Work-Play'' lifestyle in the pulse of the Deer District. Just steps from Fiserv Forum, The Trade hotel, the new Landmark Credit Union Live Venue, and the MKE Public Museum, the location is unbeatable. The versatile 1st floor features three distinct office/workspaces with independent entrances- perfect for a multi-tenant income stream or owner-user setup. Currently, the front office generates $5.5K/month in instant cash flow. Above, a luxe 1-bedroom apartment boasting original pine floors, maple cabinetry, and an expansive rooftop terrace with city views. Complete with a massive warehouse/garage featuring epoxy flooring and space for multiple vehicles. This is the ultimate urban asset. Also listed residential MLS#1953397

Property Details

Interior

Basement:
  • None / Slab
Heating/Cooling:
  • Central Air, Forced Air, Wall/Sleeve Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 8,000
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: 3501 or more,5001 or more,2501 or more

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone, Other
Parking:
  • Details: Paved Lot
  • Spaces: 4.0
Roofing:
  • Rubber/Membrane,Tar/Gravel
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Ceiling Height: 11 - 15 feet
  • Features: Truck Door Height: 9 - 12 Feet, Truck Door(s), Display Window, Elevator(s), Passenger Elevator, Freight Elevator(s), Inside Storage, Living Space, Loading Dock, Offices, Restroom(s), Security Equipment
New Construction:
  • N
Postal:
  • Code: 53212
Real Estate Included:
  • Y
Street:
  • Direction Prefix: North
  • Name: Dr Martin Luther King Jr DRIVE
  • Suffix: DRIVE
Tax Year:
  • 2025
Zoning:
  • IL2 Industrial

Map

Listing Agent-Provided Directions:
  • McKinley Blvd. to Martin Luther King Jr. Drive north one block.

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Schools and Neighborhood

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

Market Comparison

How this property compares to local market averages — calculated 4/24/2026

This Property
Milwaukee Commercial Property Avg
Milwaukee County Commercial Property Avg
List Price
$1,795,000
$501,888
$568,710
Median Price
—
$380,000
$422,500
Price / Sq Ft
$224
$92
$110
Days on Market
42 days
148 days
149 days
Total Listings
—
107
154

Listing Information

  • Time on Market: 42 days
  • Place Perfect Last Updated: 2026-03-25 10:43:48
  • MLS Number: 1953396
  • Subsystem Locale: WIREX_METRO
  • Listing Office: Mahler Sotheby's International Realty
  • Listing Agent: Lisa Ashley

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