Third Ward Office Space
For Lease
Contact for pricing
215 N Water St, Milwaukee, WI 53202
Move-in ready office space in Milwaukee's Third Ward.
Space SizeContact for details
Days on Market629
Property Features for 215 N Water St
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1906
Spaces For Lease
at 215 N Water St Contact us- Type
- Office
Suite 300
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Matt Fahey · License #WI 76976-94
Source:
Crexi
Added: Nov 14, 2024
Changed: Jul 6
Last Checked: Aug 5 at 3:48PM
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 Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
This commercial space presents a unique opportunity in the Third Ward, offering move-in ready conditions and smaller floor plates suitable for full-floor users. The property has the potential to be divided for tenants requiring approximately 2,000 square feet. It benefits from direct river access and the availability of a boat slip. Some furniture may be included, and cabling is already installed, offering a turnkey solution for prospective tenants. The location is in the heart of the Third Ward, directly across from the Third Ward Parking Structure, and provides convenient access to the Riverwalk.
Key Highlights
- Move‑in ready condition in the heart of the Third Ward with direct river access.
- Riverwalk access and boat slip available.
- Smaller floor plates ideal for full‑floor users.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,595
Businesses Nearby
Explore this area
Business Placement
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
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 42% below the average of $27.53 /SF/Yr.
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office space in Milwaukee's Third Ward.
Where is this office units located?
The property is located at 215 N Water St Milwaukee, WI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Move‑in ready condition in the heart of the Third Ward with direct river access.; Riverwalk access and boat slip available.; Smaller floor plates ideal for full‑floor users.
