Properties

Listing courtesy of Melges Real Estate
Property Description

Rare Opportunity in heart of Menomonee Falls, WI. RESTAURANT BUSINESS IS REMAINING AND NOT PART OF THE SALE. Mixed use building in downtown Menomonee Falls, WI. Anchor tenant is Restaurant / Bar that has been in business 60 + years. Four apartments (3 bedroom / 2 Bedroom / 1 Bedroom / Studio) and Garage with office combine for multiple income streams. Three of the four apartments have been remodeled in the last 5 years. Apartments rent within DAYS. Within 100 yards of two large high end apartment complexes and multiple retail centers. PRICED TO SELL AT TODAY’S 8.6 CAP RATE with strong potential upside. Short term rentals a possibility due to historic nature of building and zoning and location. Strong Cash flow with significant upside.

Features
: Partial
: Outdoor Space
: Municipal Sewer
Address Map
US
WI
Waukesha
Menomonee Falls
53051
Pershing
N91W16356
Ave
W89° 53' 13.2''
N43° 11' 0.7''
Neighborhood
North
Menomonee Falls
Menomonee Falls
Additional Info
Encore Real Estate Brokerage
John Dyke
Additional Information
2026-10-27
850000
: Municipal Water
5274
: Wood, Vinyl
Listing Information
dyke
Active
2026-11-04T17:22:40Z
MetroMLS
2026-10-27T14:06:11Z
3994

Residential Income For Sale

N91w16356 Pershing Ave, Menomonee Falls, Wisconsin 53051

0.25 Acre
$875,000
Listing ID #1986129
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1986129
Price : $875,000
Year Built : 1920
Lot Area : 0.25 Acre
Listing Status : Active
Property Sub Type : Multi-Family
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