N91W16356 Pershing Ave, Menomonee Falls, WI 53051

$850,000
5,274
SqFt
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Listing courtesy of Encore Real Estate Brokerage.

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List Price
$850,000
MLS#
1986129
Status
ACTIVE
Year Built
1920
County
Waukesha
Municipality
Menomonee Falls
TotalSqFt
5,274
Acres
0.25
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(414) 788-3537

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.

(414) 788-3537
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Additional Information

Basement
Partial
Exterior
Vinyl, Wood
Garage Description
Outdoor Space
School District
Menomonee Falls
Middle School
North
High School
Menomonee Falls
Courtesy Of
Encore Real Estate Brokerage
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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.