If you want to live in Bay View, now might just be your chance. The former site of Swigs Pub on Grill (3143 S. Clement Ave.) is now listed for $260,000. To put that number in perspective, the typical home value in Bay View, according to Zillow, where the bar is listed, is $239,734. Plus, the bar, built in 1942, comes with an attached two-bedroom home in the back, along with a garage.
The bar has a strong neighborhood feel, a pool table, and a spacious wraparound bar in the middle, along with a kitchen and a basement.
This listing comes amidst an absolutely red-hot market in Milwaukee real estate, particularly in Bay View, where houses easily get up to the $500,000 range and are off the market in days (six median days in 2020), often with multiple offers on the table.
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“In some locations, we’re down to zero inventory,” says Suzanne Powers about the area. “In my 20-year career, I’ve never seen inventory like this. If there’s someone who’s thinking of selling out there, they need to know there’s never been a better time to put your house on the market and get top dollar.”
The bar was first listed in March. According to the Marciniak Team, the realtors selling it, a buyer was all set but then the financing fell through, so now it’s back on the market.
Here’s the listing:
“Opportunity knocking with this multi-use property in Bay View! Well established tavern with regular clientele and attached home at the back of property. Spacious oval bar with space for 30 stools, 2 public restrooms, 1 private restroom, kitchen and lots of included equipment. Front bistro/patio seating. Full basement could be set up as hall to rent for parties. Have the best of both worlds running your own business and being so close by. Home has 2BR, 1BA, DR, den/loft and GAR. Great location close to freeway access and other businesses. Why wait? Come see it for yourself!”