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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.
| LAST UPDATED | 10/26/2026 | YEAR BUILT | 1920 |
|---|---|---|---|
| COUNTY | Waukesha | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Jr. High School | North |
|---|---|
| High School | Menomonee Falls |
| ADDITIONAL DETAILS | |
| BASEMENT | Partial, Yes |
|---|---|
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| LOT | 0.25 acre(s) |
| LOT DIMENSIONS | 0.25 |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | PDD |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Encore Real Estate Brokerage
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