City issues RFP for another North Avenue property

The City of Milwaukee recently issued an RFP for a two-story building at 2121-23 W. North Ave.

The City of Milwaukee recently issued a request for proposals (RPF) seeking developers interested in purchasing and renovating a two-story, 4,242-square-foot, 103-year-old building at 2121-23 W. North Ave. The building is located just west of the intersection of Fond du Lac Avenue and North Avenue, where the headquarters for Legacy Bank and Columbia Savings and Loan are located.

The building has 2,580 square feet of first floor retail space and a 1,662-square-foot one-bedroom residence on the second floor. The property also has a small parking area in the rear with vehicular access from the alley. The building is just north of where the Legacy Housing Initiative plans to add 75 new single family homes and other housing initiatives, including CityHomes and Lindsay Heights, have already added or rehabilitated hundreds of single family homes in the area.

The city is asking $5,000 for the building. City officials want to see the property remodeled with retail use on the first floor. The second floor can be used for residential space. Proposals are due Aug. 29, 2008.

This is the second RFP the city has issued for a North Avenue property in recent weeks. The city recently issued an RFP seeking developers interested in purchasing and redeveloping a two-story, brick building at 2501-03 W. North Ave., just a few blocks west of the 2121-23 W. North Ave. building.

The 5,144-square-foot, 94-year-old commercial building at 2501-03 W. North Ave. is located next to an Autozone store and across the street from the North Avenue Commerce Center and a site where a Lena’s Food store is planned.

The city’s asking price for the building is $8,700.City officials want the building to be renovated with office or retail use on the first floor. The second floor could be used for residential space. Responses to the RFP are due by Aug. 22.

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