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Historic Milwaukee Office Space Available
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120-126 N Jefferson St, Milwaukee, WI

Renovated office space in a desirable Milwaukee location.

Space SizeContact for details
Property Size13,207 SF
Lot Size1.21 Acres
Days on Market254

Property Features for 120-126 N Jefferson St

General Information

Standard status Active
Size 13,207 SF
Lot size 1.21 Acres
Property subtype OFFICE

Spaces For Lease

at 120-126 N Jefferson St Contact us

Office For Lease $15 – $17/SF/Yr

Contact us
Listing Agency: JLL - Milwaukee
Listed By: David Pudlosky
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 10 Last Checked: Jul 21 at 3:06AM

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 JLL - Milwaukee

Investment Insights

Based on property information with market context.

Located in a desirable and upscale Milwaukee neighborhood, this property features recent renovations to the lobby and common areas, including a common conference room and beverage station. The historic building has been modernized, exposing Milwaukee’s Cream City Brick and original wood throughout. The location provides walking distance to the Summerfest grounds, the Third Ward, Downtown Milwaukee, and Walker’s Point. Ample surface parking is available in the adjacent surface lot. Suites include private offices, collaborative spaces, and full kitchens. The first-floor suite offers direct entry. Elevators were modernized in 2020, with cab upgrades in 2023. The property offers 13207 square feet of office space.

Key Highlights

  • Prime location: Walking distance to Summerfest grounds, Third Ward, Downtown Milwaukee, and Walker’s Point.
  • Recent renovations: Modernized lobby, common areas, conference room, and beverage station.
  • Historic charm: Exposed Cream City Brick and original wood throughout the building.

Property Analytics

Current Use

126 North Jefferson ... Parking Lot & Garage

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Nursing Home Electrical Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,682
Businesses Nearby

Market

Lease Benchmarks for Milwaukee, WI

$27.53 /SF/Yr
Avg Asking Price
$0.68–$275 /SF/Yr
Price Range
13,361 SF
Avg Space Size

This space is priced 46% below the average of $27.53 /SF/Yr.

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office space in a desirable Milwaukee location.
Where is this office units located?
The property is located at 120-126 N Jefferson St Milwaukee, WI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location: Walking distance to Summerfest grounds, Third Ward, Downtown Milwaukee, and Walker’s Point.; Recent renovations: Modernized lobby, common areas, conference room, and beverage station.; Historic charm: Exposed Cream City Brick and original wood throughout the building.
(262) 239-0970 Call to check price and availability
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