Milwaukee Mixed-Use Building For
For Sale
$1,250,000
1245-1247 North Water Street, Milwaukee, WI 53202
Historic mixed-use building in walkable downtown Milwaukee location.
Property Size12,566 SF
Price / SF$99.47
Days on Market137
Property Features for 1245-1247 North Water Street
General Information
Standard status
Active
Size
12,566 SF
Property subtype
Retail
Listing Agency:
CBRE - Milwaukee
(414) 274-1645
Listed By:
Andrew Stefanich · License #1384291
(414) 274-1645
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 16 at 5:32AM
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 CBRE - Milwaukee
Investment Insights
Based on property information with market context.
Located at 1245-1247 N Water Street in Milwaukee, Wisconsin, this mixed-use property features first floor restaurant space with office space on the top three floors. The building has a total area of 12,566 square feet. Constructed in 1890, the building showcases Romanesque Revival architectural elements, with its original Cream City brick facade largely intact. The property is situated at the lighted intersection of N Water Street & E Knapp Street and includes 5 surface parking spaces. This downtown location provides walking access to numerous restaurants, entertainment venues, and the Milwaukee Riverwalk. The parking lot at 1233 N Water Street just to the south of the building is also for sale.
Key Highlights
- Excellent, walkable downtown Milwaukee location near restaurants, entertainment, and the Riverwalk.
- Substantial 12,566 square foot building** suitable for restaurant and office space.
- Unique Romanesque Revival architecture with original Cream City brick facade.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,632
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
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mixed-use building in walkable downtown Milwaukee location.
Where is this mixed-use property located?
The property is located at 1245-1247 North Water Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Excellent, walkable downtown Milwaukee location near restaurants, entertainment, and the Riverwalk.; Substantial 12,566 square foot building** suitable for restaurant and office space.; Unique Romanesque Revival architecture with original Cream City brick facade.**
