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    725-729 N Milwaukee St Milwaukee, WI 53202

    For Sale
    $3,300,000

    Turn-key restaurant with upper level office/retail space.

    Property size:
    20,605 SF
    Lot size:
    0.17 Acres

    Property Features for 725-729 N Milwaukee St

    General Information

    Size
    20,605 SF
    Lot size
    0.17 Acres

    Source: Colliers - Milwaukee Agent Russell Sagmoen

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

    Overview

    Downtown Milwaukee Stand-Alone Building

    Located in downtown Milwaukee, one block from the historic Pfister hotel, this stand-alone 3.5 story building offers a turn-key renovated restaurant space. The property includes upper-level office and retail space, with potential for upper-level residential conversion. It presents an ideal opportunity for an owner or occupier. Currently, there is a bar and nightclub tenant in place, generating $120,000 per year. There is also an option for a restaurant tenant leaseback at $96,000 per year. A rare parking opportunity is available in the rear, accommodating 4 to 5 cars. A new EPDM roof was installed in 2021. The property size is 20,605 square feet.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9069951
    Latitude
    43.0394609

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant with upper level office/retail space.
    Where is this turn key restaurant located?
    The property is located at 725-729 N Milwaukee St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Prime downtown Milwaukee location, one block from the historic Pfister hotel.; - Turn-key renovated restaurant space.; - Current bar/nightclub tenant ($120K/yr).
    (414) 278-6810
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    725-729 N Milwaukee St Milwaukee, WI 53202
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    Milwaukee, WI 53202
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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
    725-729 N Milwaukee St Milwaukee, WI 53202
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