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Ground-Floor Loft Retail Space
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120 N Milwaukee St, Milwaukee, WI 53202

Ground-floor retail space in a 2009 apartment complex, with covered parking and separately metered utilities.

Space Size1,645 SF
Days on Market208

Property Features for 120 N Milwaukee St

General Information

Standard status Active
Size 1,645 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 120 N Milwaukee St Contact us

Retail For Lease $22/SF/Yr

Floor
1
Size
1,645 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Sublease
No
• Gaslight Lofts Retail is located on the ground floor of Gaslight/Corcoran Lofts,...
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Listing Agency: Hunter Real Estate LLC
Listed By: Michael Testa, CCIM · License #8559994
Source: Moodyscre
Added: Feb 17 Changed: Sep 5 Last Checked: Sep 13 at 8:48AM

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 Hunter Real Estate LLC

Investment Insights

Based on property information with market context.

This ground-floor retail space is located within Gaslight/Corcoran Lofts, a 214-unit, fully-leased apartment complex built in 2009. The property features reinforced concrete construction and offers an available suite of 1,645 square feet.

The building is positioned near retail and restaurants in Milwaukee’s Third Ward. Zoning is listed as C9G.

Covered parking is available for the premises, and the tenant is responsible for separately metered utilities. The lease is described as Modified Gross with a stated lease rate of $22.00/SF.

Key Highlights

  • Ground‑floor retail space (1,645 SF) within Gaslight/Corcoran Lofts, a 214‑unit fully leased apartment complex
  • Lease rate $22.00/SF Modified Gross; tenant pays separately metered utilities
  • Reinforced concrete construction and year built 2009

Property Analytics

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Current Use

Kinetic Sequence Marketing & Advertising

Suggested Use

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

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

4,650
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Milwaukee, WI

$14.44 /SF/Yr
Avg Asking Price
$3.64–$24.11 /SF/Yr
Price Range
8,253 SF
Avg Space Size

This space is priced 52% above the average of $14.44 /SF/Yr.

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space in a 2009 apartment complex, with covered parking and separately metered utilities.
Where is this retail space located?
The property is located at 120 N Milwaukee St Milwaukee, WI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail space (1,645 SF) within Gaslight/Corcoran Lofts, a 214‑unit fully leased apartment complex; Lease rate $22.00/SF Modified Gross; tenant pays separately metered utilities; Reinforced concrete construction and year built 2009
(815) 482-0105 Call to check price and availability
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