Search
Restaurant Space with Outdoor Patio
For Sale
Contact for pricing

108 W Wells St, Milwaukee, WI 53203

Former restaurant space with riverwalk access and an outdoor patio along the Milwaukee River in Westown.

Property Size6,250 SF
Price / SF$80
Days on Market809

Property Features for 108 W Wells St

General Information

Standard status Active
Size 6,250 SF
Property subtype RETAIL

Restaurant

Commercial Hood Yes
Patio Yes

Additional Details

Floor 1
Highway Access Yes

Amenities

river frontage
riverwalk access

Building Details

Tenancy Multi
Listing Agency: Colliers - Milwaukee
Listed By: Russell Sagmoen · License #8975294
Source: Moodyscre
Added: May 13, 2024 Changed: Jul 30 Last Checked: Jul 30 at 8:03AM

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

Investment Insights

Based on property information with market context.

Restaurant space featuring a former restaurant setup with a 16ft hood and an outdoor patio along the Milwaukee River. The property is a retail condominium opportunity on the first floor, with 17 residential units above, providing a mixed-use configuration.

Situated in the Westown area with walkability to the Baird Convention Center, Milwaukee’s Theatre District, and The Deer District. Prime river frontage with riverwalk access supports strong guest-facing presence, with convenient access to I-43, I-794, and I-94 just minutes away.

With 6,250 SF of property size, this first-floor restaurant space offers a practical base for foodservice operators seeking an established downtown-style environment alongside residential units above.

Key Highlights

  • Prime river frontage with riverwalk access
  • Former restaurant space with 16ft hood
  • Outdoor patio along the Milwaukee River

Property Analytics

Current Use

Stackner Cabaret Theater & Performing Art Venue Stiemke Studio Theater & Performing Art Venue DaVinci Media Electronics & Wireless Store Quadracci Powerhouse Theater & Performing Art Venue Wisconsin State Historical ... Tour Operator

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Buffet Auto Parts Store Adult Day Care

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

7,387
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53203, WI

2,180
Population
1,661
Households
1.3
Avg Household Size
29
Median Age
74%
College-Educated
100%
High-School Grad
0.4 sq mi
ZIP Area
5,450
Density / Sq Mi
$84,005
Median Household Income
$75,244
Median Earnings
$1,671
Median Rent
$334,600
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Froerdtert hospital — Milwaukee, WI 53202

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space with riverwalk access and an outdoor patio along the Milwaukee River in Westown.
Where is this conventional restaurant located?
The property is located at 108 W Wells St Milwaukee, WI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime river frontage with riverwalk access; Former restaurant space with 16ft hood; Outdoor patio along the Milwaukee River
(414) 278-6810 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message