53210 decent area ? (Milwaukee, Wauwatosa: insurance, neighborhoods, buying)

[plowery_lounge]

I presently live in California, but grew up in the Mid-West (St Louis, KC, Chicago) and I'm thinking of returning to the Mid West and buying a bar. I've been to Milwaukee a few times to visit but of course I'm not very familiar with the area. I've found an establishment in the 53210 zip code area. It's located on W. North Ave, between W. Lisbon Ave and N. Wauwatosa Ave. Does anyone have any thoughts on that area ? Is it on the rise or the decline ?

Of course I'll visit before I make any kind of a decision, but trying to do as much leg work as I can on the internet. I've found some demographic data on the area, but I like to get people's opinions as well as just numbers.

Thanks much,
Patrick

[Nuclear_Art]

It is static. It has potential but needs a strong organization of local businesses to really revitalize the area. As it is, I don't believe there is.

[Alces2]

53210 covers an area with quite a different range of neighborhoods.
There is Enderis Park, for example, a nice middle to upper middle class neighborhood, much like Wauwatosa a few blocks to the South. But it also includes areas to the east where as a bar owner you probably should have a gun ready under the counter. That fact certainly doesn't help any insurance rates of any kind for that ZIP, but that's a different story...

The specific area you mentioned stretches a variety of areas. To the west near Wauwatosa Ave is actually part of Wauwatosa. I think the border to Milwaukee is around N 60th St, at which point it slightly goes down, but not necessarily to a point of having to be afraid at night. Towards the Lisbon Ave end, I would not put my own business there, though that depends on the crowd you're trying to attract. It's not really the ghetto by any means, but it's also not a preferred neighborhood. There is a police station right on Lisbon and North; Not sure if that helps, as they are either all out of poking their noses at their desks without windows