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Mixed-Use Property with Riverfront Patio
For Lease
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108 W Wells St, Milwaukee, WI 53203

First-floor commercial space includes restaurant infrastructure, outdoor seating, and direct riverwalk access in Westown.

Space Size6,250 SF
Days on Market885

Property Features for 108 W Wells St

General Information

Standard status Active
Size 6,250 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 108 W Wells St
First Floor Retail Condos Available at the Cawker Building $15 – $18/SF/Yr
Floor 1
Size 6,250 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
• Prime river frontage with riverwalk access • Former restaurant space with 16ft hood and outdoor patio along the Milwaukee River • Located in the Westown area with walkability to the Baird Convention Center, Milwaukee’s Theatre District and The Deer District • Retail condominium opportunity on the first floor with 17 residential units above • Minutes away from access to I-43, I-794, & I-94
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Listing Agency: Colliers - Milwaukee
Listed By: Russell Sagmoen
Source: Moodyscre
Added: May 13, 2024 Changed: Oct 10 Last Checked: Oct 12 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Milwaukee

Investment Insights

Based on property information with market context.

The first floor offers 6,250 square feet of commercial space within a mixed-use property. The former restaurant layout includes a 16-foot hood, an outdoor patio, and access to the Milwaukee Riverwalk. The property also includes 17 residential units above the commercial level.

Located in Milwaukee’s Westown area, the property is walkable to the Baird Convention Center, Milwaukee’s Theatre District, and The Deer District. I-43, I-794, and I-94 are minutes away, providing regional highway access.

Key Highlights

  • 6,250‑square‑foot first‑floor commercial space
  • Former restaurant setup with 16ft hood
  • Outdoor patio along the Milwaukee River

Property Analytics

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Current Use

Stackner Cabaret Theater & Performing Art Venue Stiemke Studio Theater & Performing Art Venue DaVinci Media Electronics & Wireless Store Quadracci Powerhouse Theater & Performing Art Venue Wisconsin State Historical ... Tour Operator

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Buffet Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,387
Businesses Nearby

Demographics for 53203, WI

2,180
Population
1,661
Households
1.3
Avg Household Size
29
Median Age
74%
College-Educated
100%
High-School Grad
0.4 sq mi
ZIP Area
5,450
Density / Sq Mi
$84,005
Median Household Income
$75,244
Median Earnings
$1,671
Median Rent
$334,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial space includes restaurant infrastructure, outdoor seating, and direct riverwalk access in Westown.
Where is this mixed-use property located?
The property is located at 108 W Wells St Milwaukee, WI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 6,250‑square‑foot first‑floor commercial space; Former restaurant setup with 16ft hood; Outdoor patio along the Milwaukee River
(414) 278-6810 Call to check price and availability
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