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    214-228 E Erie St Milwaukee, WI 53202

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    For Lease
    $12 SF/Yr ($5,446 /Mo)

    Retail space with planned renovations near Riverwalk and Public Market.

    Property size:
    5,446 SF
    Lot size:
    0.50 Acres

    Property Features for 214-228 E Erie St

    General Information

    Size
    5,446 SF
    Lot size
    0.50 Acres

    Source: Founders 3 Real Estate Services - Corporate Agent Ned Purtell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space Available

    Under new ownership since 2020, this retail space is planned for extensive renovations. The building's suites feature Cream City brick and exposed timber. It is located near restaurants, shopping, entertainment, and a growing residential community. On-site restaurant and fitness tenants are present. The property is one block from the Riverwalk, Public Market, and Festival grounds. Basement storage is available. The property size is 5446 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Daycare Center Building Supply Kitchen & Bath Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9085528
    Latitude
    43.0318691

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    FAQs

    What type of property is this?
    Retail space - Retail space with planned renovations near Riverwalk and Public Market.
    Where is this retail space located?
    The property is located at 214-228 E Erie St Milwaukee, WI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: Just one block from Riverwalk, Public Market, and Festival grounds.; - Cream City brick and exposed timber in suites.; - Extensive renovations planned (under new ownership since 2020).
    (414) 801-3999
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214-228 E Erie St Milwaukee, WI 53202
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