Donut Shop Planned for 41st and North
Fred Chambers grew up in neighborhood, plans to revitalize vacant building.
Chambers, who operates Flanagan Realty Company, will acquire the 2,496-square-foot building from the city for $1,000.
“He’s proposing to do a neighborhood donut shop,” said Department of City Development program manager Dwayne Edwards when he presented the proposed sale to Zoning, Neighborhoods & Development Committee last week. “I’m excited about what he’s proposing to do here to add some vitality to the area.”
The second floor would be redeveloped into a market-rate apartment.
“I’m excited about a new donut shop right down the street from me and the 15th Aldermanic District,” said area Alderman and N. Sherman Blvd. resident Russell W. Stamper, II.
“I am confident in him and his ability to redevelop this particular location. It’s been sitting dormant for quite some time,” said Stamper. “It’ll bring some life to that block and hopefully spur some more development.”
Chambers grew up near the property and has a $65,000 rehabilitation plan. Approximately 70 percent of that will come through sweat equity, performing work himself wherever possible, and volunteer labor from friends and family. Edwards said he has modified his plan in response to city feedback.
Improvements include roof repair, new flooring, plumbing and electrical upgrades, installing new doors, larger windows, signage, painting and “other outdoor facade improvements”, according to a city report.
The city acquired the property back on July 14th, 2014 through property tax foreclosure. It’s the second time the city has taken possession of the building in the last 30 years. It also owned the property for just under 12 months in 1997.
A city report says that Chambers has “successfully purchased, renovated and managed several properties in the City of Milwaukee,” but does not mention any of the properties.
A search of the city property database shows that Flanagan Realty owned a duplex at 2222-2224 N. 29th St. for eight years before selling it for $43,500 in September 2019. Urban Milwaukee could not locate additional properties owned by Chambers or Flanagan Realty.
Flanagan Realty Company, LLC is listed as being administratively dissolved in state records in 2016, but an administrative timeline shows it has been “restored to good standing” after being dissolved in the past.
Want to join Chambers in redeveloping the block? The city also owns the building at 4117-4121 W. North Ave. located immediately west of the one Chambers proposes to buy.
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Related Legislation: File 191560