$350,000

0 Beds 0 Baths 2,704 Sqft

3627-29 W Lisbon Avenue, Milwaukee, WI 53208

Property Type: Commercial
Building Type: Free Standing
Time on Market: 1 days
Price per Sqft: $129
Total Taxes: $1,814
Est. Age: 21+ Years

Description

Mixed-use property recently rezoned for assembly, offering strong income and value-add potential. Upper unit previously rented at $1,600/month and is currently vacant, allowing for owner-occupancy or new tenant placement. Property features major updates including new roof, electrical, plumbing, HVAC, and separate gas lines for upper and lower levels.Lower level includes new windows, custom bar with plumbing for bar sink, and prep kitchen setup (buyer to verify permitting requirements for full kitchen installation). Currently operating as an event venue with rental rates of $150/hour (4-hour minimum) and additional hourly/catering income opportunities. Basement offers expansion potential for additional venue space, offices, or creative use, with both interior and rear access.

Property Details

Interior

Basement:
  • Full
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,704
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 2501 or more,2501-3000

Exterior

Acreage:
  • Range: 0.5 to .99
  • Source: Assessor/Public Record
Exterior:
  • Brick, Brick/Stone
Parking:
  • Spaces: 1.0
Roofing:
  • Composition/Fiberglass
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Ceiling Height: 8 - 10 feet
  • Features: Truck Door Height: 9 - 12 Feet, Truck Door(s), Fenced Yard
New Construction:
  • N
Postal:
  • Code: 53208
  • Zip+4: 1956
Real Estate Included:
  • Y
Street:
  • Direction Prefix: West
  • Name: Lisbon AVENUE
  • Suffix: AVENUE
Tax Year:
  • 2025
Zoning:
  • 8899

Map

Listing Agent-Provided Directions:
  • rom downtown, go west on Lisbon Avenue to property. 16N 36W

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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 4/26/2026

This Property
Milwaukee Commercial Property Avg
Milwaukee County Commercial Property Avg
List Price
$350,000
$487,400
$564,293
Median Price
—
$370,000
$422,500
Price / Sq Ft
$129
$91
$109
Days on Market
1 days
149 days
152 days
Total Listings
—
107
152

Listing Information

  • Time on Market: 1 days
  • Place Perfect Last Updated: 2026-04-26 00:00:34
  • MLS Number: 1959503
  • Subsystem Locale: WIREX_METRO
  • Listing Office: NextHome My Way
  • Listing Agent: Victor Rono

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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.

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