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    Historic Office Building with Rooftop Terrace Title is generated by Realmo AI

    1101 North Market Street, Milwaukee, WI 53202

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    Renovated historic office building with rooftop terrace, underground parking, and backup generation in Milwaukee’s CBD.

    Type:Office
    Property size:
    42,899 SF
    Price / SF:
    $138/SF
    Added:
    Jun 10, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 4:41 am

    Property Features for 1101 North Market Street

    General Information

    Standard status
    Active
    Size
    42,899 SF
    Property subtype
    Office

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    Listing Contact
    Caroline Dragani
    Caroline Dragani

    Listing agent Caroline Dragani License #WI112291-94

    Listing office Colliers - Milwaukee, Wisconsin

    Listing date Jun 10, 2026

    Source Crexi

    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, Wisconsin

    HighLights

    • Historic Milwaukee building originally built as the home of Blatz Brewing Co.
    • Recently refinished and aesthetically upgraded in 2013.
    • 35 heated underground parking spaces plus 13 additional surface stalls.
    • On‑site backup generator.
    • Opportunity for a private rooftop terrace.
    • Convenient Milwaukee CBD location on Water Street with easy access to I‑43 and I‑94.

    Overview

    This historic Milwaukee office building was originally the home to Blatz Brewing Co. The property was recently refinished and aesthetically upgraded in 2013, and offers an opportunity for prominent signage. An on-site back-up generator supports business continuity. Parking is available with 35 heated underground spaces plus 13 additional surface stalls.

    Located in Milwaukee’s Central Business District, the building sits conveniently on Water Street, surrounded by venues, restaurants, and retail shops. Additional city parking lots are within walking distance, and the area offers easy access to I-43 & I-94.

    For tenants or owner-users, the combination of refined historic character, on-site parking, and back-up power can support a wide range of office requirements. The rooftop terrace and signage opportunity add practical options for tenant branding, client meetings, or occasional tenant use, while the surrounding retail and dining environment supports day-to-day convenience for staff and visitors.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $849.4k $19.80
    − Vacancy −$195.4k −$4.55
    EGI $654.0k $15.25
    − OpEx −$163.5k −$3.81
    NOI $490.5k $11.43
    42,899 SF · lease $19.80/SF/yr · vacancy 23.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $7.01M
    $6.13M – $8.18M (±1% cap)
    NOI $490,529 @ 7.0% cap · market cap 8.24%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $10.31M
    $9.02M – $12.03M (±1% cap)
    NOI $721,630 @ 7.0% cap · market cap 12.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    PostTag Inc. (Bike/Boat/Book/etc) Store Dart Chart Systems ... (Bike/Boat/Book/etc) Store Rent College Pads Real Estate Agency Huber Richard R Insurance Agency Papin James Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9101445
    Latitude
    43.0450333

    FAQs

    What type of property is this?
    Office building - Renovated historic office building with rooftop terrace, underground parking, and backup generation in Milwaukee’s CBD.
    Where is this office building located?
    The property is located at 1101 North Market Street Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: Historic Milwaukee building originally built as the home of Blatz Brewing Co.; Recently refinished and aesthetically upgraded in 2013.; 35 heated underground parking spaces plus 13 additional surface stalls.
    More about this property
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