5th & National

Commercial

5th & National

425-431 W National Avenue – Milwaukee, WI

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2016

Year Acquired

Sold

Status

Located at 425–431 W. National Avenue in Milwaukee’s historic Walker’s Point neighborhood, 5th & National is a mixed-use redevelopment project focused on preserving and revitalizing an existing four-story commercial building.

The proposed redevelopment emphasized historic preservation, structural stabilization, and the reactivation of street-level commercial space. Plans explored restaurant and retail opportunities alongside upper-floor apartments, with improvements including masonry restoration, roof repairs, new storefronts, and interior renovations. The project represents an opportunity to preserve an aging neighborhood landmark while supporting the continued revitalization of Milwaukee’s Walker’s Point neighborhood.

KEY THEMES

Historic adaptive reuse strategy focuses on preserving and revitalizing an existing four-story building in Milwaukee's Walker's Point neighborhood
Mixed-use redevelopment concepts combine upper-floor residential apartments with street-level restaurant and retail opportunities
Comprehensive building stabilization addresses significant structural deterioration, water infiltration, and deferred maintenance
Historic preservation approach prioritizes restoration of the existing building rather than demolition and replacement
Neighborhood revitalization strategy seeks to reactivate a prominent National Avenue property through renewed commercial activity and residential investment

RESULTS

Advanced acquisition and redevelopment planning for the historic property at 425–431 W. National Avenue in 2016
Developed adaptive reuse concepts incorporating residential apartments, restaurant space, and neighborhood-serving retail
Evaluated a 13-unit residential concept alongside alternative mixed-use configurations to determine feasible redevelopment opportunities
Identified major preservation and rehabilitation priorities, including structural repairs, masonry restoration, roof replacement, and storefront improvements
Established a redevelopment framework focused on stabilizing the historic structure and supporting continued investment in Milwaukee's Walker's Point neighborhood