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0 Baths
5,274 sqft

$850,000

N91W16356 Pershing Ave, Menomonee Falls WI, 53051

Price per sqft$161.17
Built in1920
Property size5,274 sqft
Property typeMulti-family
Courtesy of Encore Real Estate Brokerage, 262-353-8000

Overview

Active

Listed Oct 27, 2026

Updated 10h ago

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.

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1986129

Interior Features

Bathrooms
0
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Courtesy of Encore Real Estate Brokerage

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