Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1632-1640 N Water St Milwaukee, WI 53202

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($4,958 /Mo)

    First floor retail space in downtown Milwaukee with luxury apartments.

    Property size:
    2,380 SF
    Lot size:
    0.82 Acres

    Property Features for 1632-1640 N Water St

    General Information

    Size
    2,380 SF
    Lot size
    0.82 Acres

    Source: Colliers - Milwaukee Agent Russell Sagmoen

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

    Overview

    Downtown Retail Space For Rent

    This retail space is located on the first floor of a building with 140 luxury apartments. The property is situated in a downtown location, between the Water Street and Brady Street retail corridors, offering excellent walkability. On-site property management is conveniently available. The property offers 2,380 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9055984
    Latitude
    43.0515137

    Nearby Similar for Lease

    • $125,000
      3,000 SF

      Established Retail Space on Mitchell

      Well-established retail space in the heart of Historic Mitchell Street.
      1117 W Mitchell St, Milwaukee, WI 53204
      View Details
    • $200,000
      4,785 SF

      Milwaukee Recreation/Special Purpose Property

      Recreation/Special Purpose property with income potential in Milwaukee, WI.
      5048 N 35Th St, Milwaukee, WI 53209
      View Details
    • $4,800 /Mo
      3,654 SF

      Versatile Office Space in Milwaukee

      Spacious office with ample natural light and high visibility.
      510 N 27Th St, Milwaukee, WI 53208
      View Details
    • $4,500 /Mo
      1,435 SF

      Lisbon Avenue Commercial Opportunity

      Commercial space on corner lot with high visibility and parking.
      8302 W Lisbon Ave, Milwaukee, WI 53222
      View Details
    • $450 /Mo
      400 SF

      Serviced Offices For Rent

      Serviced offices available with utilities included and shared amenities.
      10303 W Oklahoma Ave, Milwaukee, WI 53227
      View Details
    • $550 /Mo
      110 SF

      Furnished Office Spaces Available

      Furnished offices with shared amenities in Shorewood, Wisconsin.
      1200 E Capitol Dr, Milwaukee, WI 53211
      View Details

    FAQs

    What type of property is this?
    Retail space - First floor retail space in downtown Milwaukee with luxury apartments.
    Where is this retail space located?
    The property is located at 1632-1640 N Water St Milwaukee, WI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Downtown location between Water St and Brady St retail corridors; - 1st floor retail with 140 luxury apartments above; - Excellent walkability
    (414) 278-6810
    Request Owner's contact information
    1632-1640 N Water St Milwaukee, WI 53202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1632-1640 N Water St
    Milwaukee, WI 53202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1632-1640 N Water St Milwaukee, WI 53202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.