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    108 W Wells St Milwaukee, WI 53203

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    For Lease
    $500,000

    Former restaurant space with riverwalk access in Westown area.

    Property size:
    6,250 SF
    Lot size:
    0.17 Acres

    Property Features for 108 W Wells St

    General Information

    Size
    6,250 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

    Riverfront Restaurant Space Available

    This property offers a prime river frontage location with riverwalk access. It is a former restaurant space featuring a 16ft hood and an outdoor patio along the Milwaukee River. Situated in the Westown area, the location provides walkability to the Baird Convention Center, Milwaukee’s Theatre District, and The Deer District. This is a retail condominium opportunity on the first floor, with 17 residential units located above. The property is located minutes away from access to I-43, I-794, and I-94. The property size is 6250 square feet.
    Location Intelligence

    Current Use by Public Records

    Stackner Cabaret Performing Arts Theater Stiemke Studio Performing Arts Theater DaVinci Media Home Audio Store Quadracci Powerhouse Performing Arts Theater Wisconsin State Historical ... Historical Landmark

    Suggested Use

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

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

    Similar Places Nearby

    Gourmet to Go LLC, Roose catering, FloreMar LLC, Smokin Jack's BBQ, Levy at the Wisconsin Center District

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9121805
    Latitude
    43.0404427

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space with riverwalk access in Westown area.
    Where is this restaurant located?
    The property is located at 108 W Wells St Milwaukee, WI.
    What are key features of this property?
    This property features: - Prime river frontage with riverwalk access; - Former restaurant space featuring a 16ft hood and outdoor patio along the Milwaukee River; - Located in the Westown area, offering walkability to the Baird Convention Center, Milwaukee’s Theatre District and The Deer District
    (414) 278-6810
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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
    108 W Wells St Milwaukee, WI 53203
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