1820 Drexel AveOak Creek, WI 53154

For Sale
$1,590,000

1.4-Acre Mixed-Use Development Site

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.4-acre property, located at 1820 W Drexel Ave in Oak Creek, Wisconsin (zip code 53154), presents a unique investment opportunity. Situated in Milwaukee County, this combined two-parcel corner lot boasts a prime location, offering significant development potential. The property is zoned for a variety of uses, including residential (single and multi-unit), industrial, commercial, and general business, providing flexibility for a wide range of projects. Its strategic position near IKEA, hotels, conference centers, and numerous retail and restaurant establishments ensures high visibility and accessibility. The asking price is $1,590,000. Currently, an occupied residential home sits on the land, adding to the potential uses and revenue streams. The property's substantial size and versatile zoning make it ideal for developers seeking to capitalize on Oak Creek's thriving growth. With its convenient location and diverse zoning possibilities, this land parcel offers a compelling opportunity for significant return on investment. The latitude and longitude coordinates are 42.902384 and -87.93926 respectively. This is a rare chance to acquire a large, mixed-use parcel in a rapidly developing area.

Highlights

  • 1.4-acre corner lot in Oak Creek, WI (53154), Milwaukee County.
  • Zoned for residential (single & multi-family), industrial, commercial, and general business uses.
  • Prime location near IKEA, hotels, and retail, offering high visibility and accessibility.
  • Asking price: $1,590,000.
  • Currently occupied residential home on site.

Property Details for 1820 Drexel Ave

Property type
Other land, Land
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Oak Creek
County
Milwaukee
State
Wisconsin
Latitude
42.902384
Longitude
-87.93926
1820 Drexel Ave, Oak Creek, Wisconsin

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1820 Drexel Ave
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