Restaurant Opportunity | 15,301 SF 1015 North Doctor Martin Luther King Junior Drive
Milwaukee, WI 53203
For Sale/Lease
15,301 sqft
Sale Price
$2,750,000
Lease Price
Contact Broker For Pricing
Brochure
Map
Retail For Sale/Lease - Available Immediately
Rare and Versatile Restaurant/Office Building
Get in touch
Andrew Stefanich
Carlos Wu
Discover a rare opportunity at 1015-1019 N. Dr. MLK Jr. Drive in Milwaukee, WI. This versatile three-story property is positioned in one of the city’s most dynamic corridors.
Offered for sale or lease, this historic building blends character with untapped potential, making it ideal for investors or owner-users. The expansive ground level is perfectly suited for a vibrant dining or entertainment concept, while the second floor offers the flexibility to create a private party room or event space. The third floor presents additional options for residential conversion or creative office use.
With Milwaukee’s growth fueling demand for mixed-use developments, this property provides a strategic canvas for your next venture.
Address: 1015-1017 N Dr. MLK Jr. Drive (aka Old World 3rd Street), Milwaukee, WI 53203
Building Size: 15,301 SF Total
3-stories / 5,100 SF Per Floor
List Price: $2,750,000
Lease Rate: CONTACT BROKER
Lot Size: 0.15 Acre
Parcel ID: 361-0527-000-8
Zoning: C9G - Mixed Activity
Year Built: 1882
Offered for sale or lease, this historic building blends character with untapped potential, making it ideal for investors or owner-users. The expansive ground level is perfectly suited for a vibrant dining or entertainment concept, while the second floor offers the flexibility to create a private party room or event space. The third floor presents additional options for residential conversion or creative office use.
With Milwaukee’s growth fueling demand for mixed-use developments, this property provides a strategic canvas for your next venture.
Address: 1015-1017 N Dr. MLK Jr. Drive (aka Old World 3rd Street), Milwaukee, WI 53203
Building Size: 15,301 SF Total
3-stories / 5,100 SF Per Floor
List Price: $2,750,000
Lease Rate: CONTACT BROKER
Lot Size: 0.15 Acre
Parcel ID: 361-0527-000-8
Zoning: C9G - Mixed Activity
Year Built: 1882
While historically known as Old World Third Street, the street was officially renamed N. Dr. Martin Luther King, Jr. Drive in 2022, connecting the entertainment district to the existing MLK Drive business district while still recognizing its unique history.
The corridor is experiencing significant revitalization, with new mixed-use developments and housing initiatives attracting both residents and businesses.
The corridor is experiencing significant revitalization, with new mixed-use developments and housing initiatives attracting both residents and businesses.
Total Space Available
15,301 sqft
Lease Type
Direct
Sale Price
$2,750,000
Lease Rate
Contact Broker For Pricing
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Population | 31,843 | 206,578 | 429,872 |
| Avg. Household Income | $96,931 | $72,560 | $83,178 |
| Daytime Population | 82,794 | 248,743 | 447,474 |
Get in touch
Andrew Stefanich
Carlos Wu