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$266,500 -$58,500 (-18%) Price Reduced
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Property Description
Versatile mixed-use property recently rezoned for assembly, offering strong income potential and flexible business use. The upper residential unit, previously rented at $1,600/month, is now vacant--ideal for owner-occupancy or a new tenant. Major updates include a new roof, upgraded electrical, plumbing, HVAC, and separate gas lines for each level. The lower level is fully built out with new windows, a custom bar (plumbing ready for a sink), and a prep kitchen (buyer to verify full kitchen permits). Currently operating as an event space generating $150/hour (4-hour minimum), with added income from extended hours and catering. Basement allows expansion, and the included adjacent lot offers space for outdoor events or future development.
Full Property Details
Full Property Details for 3627 W Lisbon Ave #3629
General
- Price: $266,500
- Taxes: $1,813 (2025)
- Status: Active
- Type: Commercial
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1969828
- Updated: 7/9/2026
- Added to Site: 9 day(s) ago
Additional Information
- Other Features: Fenced Yard
Parking
- Total Spaces: 1
Location
- Municipality: City
- County: Milwaukee
- Driving Directions: rom downtown, go west on Lisbon Avenue to property. 16N 36W
- Dist. to Freeway: Less than 1 Mile
- Location Details: Corner, Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other
- Exterior Const.: Brick
- Basement Desc.: Full
- Roof: Composition
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: 9 to 12 Feet
- Stories Description: 2
- Square Feet: 2,704
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.9
- Frontage: Near Public Transit, Town/City Road
- Zoning: 8899
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $1,813.57
- Tax Year: 2025
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Schools
Schools serving 3627 W Lisbon Ave #3629
School District:Milwaukee School District
| Name | Grades | Distance |
|---|---|---|
Bethune Academy 1535 North 35th Street, Milwaukee, WI 53208 | PK-8 | 0.3 mi |
Starms Early Childhood Center 2616 West Garfield Avenue, Milwaukee, WI 53205 | PK-K | 0.7 mi |
Starms Discovery Learning Center 2035 North 25th Street, Milwaukee, WI 53205 | 1-8 | 0.7 mi |
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205 | 6-8 | 1.9 mi |
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212 | 6-8 | 2.7 mi |
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202 | 6-8 | 3 mi |
Washington High School of Information Technology 2525 North Sherman Boulevard, Milwaukee, WI 53210 | 9-12 | 0.8 mi |
Milwaukee High School of the Arts 2300 West Highland Avenue, Milwaukee, WI 53233 | 9-12 | 1.1 mi |
Rufus King International High School 1801 West Olive Street, Milwaukee, WI 53209 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3627 W Lisbon Ave #3629
Date
Details
Price
Change
Source
7/09/2026
Price Reduced
$266,500
-18%
MLS
7/01/2026
Listed
$325,000
712.5%
MLS
5/17/2023
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3627 W Lisbon Ave #3629
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,111
—
$28,000
5%
2024
$2,111
-2%
$26,600
-70%
2023
$2,165
4%
$87,800
—
2022
$2,091
-21%
$87,800
16%
2021
$2,646
28%
$75,400
—
2019
$2,071
1%
$75,300
—
2018
$2,047
-9%
$75,300
—
2017
$2,239
1%
$75,300
1%
2016
$2,220
21%
$74,200
26%
2014
$1,840
6%
$58,900
10%
2013
$1,728
-13%
$53,600
-14%
2012
$1,978
—
$62,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3627 W Lisbon Ave #3629
3627 W Lisbon Ave #3629, Milwaukee, WI 53208 (MLS# 1969828) is a Commercial property. 3627 W Lisbon Ave #3629 is currently listed for $266,500 and was received on July 01, 2026. Want to learn more about 3627 W Lisbon Ave #3629? Do you have questions about finding other Commercial real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

