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Mixed-Use Property with Surface Parking
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1320 S 1st St, Milwaukee, WI

Urban mixed-use property near major employers and high-traffic intersection.

Space SizeContact for details
Property Size1,000 SF
Lot Size2.07 Acres
Days on Market275

Property Features for 1320 S 1st St

General Information

Standard status Active
Size 1,000 SF
Lot size 2.07 Acres
Property subtype RETAIL

Spaces For Lease

at 1320 S 1st St Contact us

Prime Walker's Point Retail Space at Freshwater Plaza $17.50/SF/Yr

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Listing Agency: Colliers - Milwaukee
Listed By: Russell Sagmoen · License #8975294
Source: Moodyscre
Added: Nov 4, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:24AM

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.

This mixed-use property is anchored by a Cermak grocery store, which attracts over 500,000 visitors in the last 12 months. The property features surface parking. It is located within walking distance of major employers, including Rockwell (with over 3,000 local employees) and Komatsu (with over 1,000 local employees). Situated at the highly trafficked intersection of Greenfield Avenue and 1st Street, the location sees approximately 20,000 vehicles per day. The property is in a prime Walker’s Point location, positioned between the Third Ward and Bay View. The available space is 1,000 square feet.

Key Highlights

  • Anchored by Cermak grocery store (over 500K visitors last 12 months per Placer)
  • Rare urban mixed‑use property with surface parking
  • Highly trafficked intersection of Greenfield Ave & 1st Street (+\/- 20K VPD)

Property Analytics

Current Use

Freshwater Plaza Apartments Apartment Building Loft Vacation Rental Keshena Armon Music ... Music Venue

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Kitchen & Bath Showroom Dental Office Pharmacy

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Milwaukee, WI

$12.85 /SF/Yr
Avg Asking Price
$5.94–$20 /SF/Yr
Price Range
15,187 SF
Avg Space Size

This space is priced 36% above the average of $12.85 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Urban mixed-use property near major employers and high-traffic intersection.
Where is this shopping center located?
The property is located at 1320 S 1st St Milwaukee, WI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Anchored by Cermak grocery store (over 500K visitors last 12 months per Placer); Rare urban mixed‑use property with surface parking; Highly trafficked intersection of Greenfield Ave & 1st Street (+\/- 20K VPD)
(414) 278-6810 Call to check price and availability
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