Prime Realty Group

MLS# 1986129 - N91W16356 Pershing Ave Menomonee Falls, WI 53051

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.

Encore Real Estate Brokerage is the brokerage office representing the owner for this listing.
ยฉ Copyright 2026, Multiple Listing Service, Inc. All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
IDX information is provided exclusively for consumersโ€™ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Prime Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Prime Realty Group, a broker participant of the Multiple Listing Service, Inc. Data Source: MetroMLS | Data last updated at 10/26/2026 11:05:00 AM.

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.

Encore Real Estate Brokerage is the brokerage office representing the owner for this listing.
ยฉ Copyright 2026, Multiple Listing Service, Inc. All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
IDX information is provided exclusively for consumersโ€™ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Prime Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Prime Realty Group, a broker participant of the Multiple Listing Service, Inc. Data Source: MetroMLS | Data last updated at 10/26/2026 11:05:00 AM.