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Built-Out Restaurant With Patio
New
For Sale
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1114 N Water St, Milwaukee, WI 53202

The property includes second-floor office space and a full basement for additional operational flexibility.

Property SizeContact for details
Days on Market3

Property Features for 1114 N Water St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Milwaukee
Listed By: Cory Sovine
Source: Colliers
Added: Sep 11 Last Checked: Sep 13 at 4:00AM

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 Milwaukee

Investment Insights

Based on property information with market context.

This fully improved restaurant property includes a bar, dining operations, patio space, second-floor office area, and a full basement. The existing configuration supports a range of restaurant and bar functions without requiring a ground-up buildout.

The property is located at 1114 N Water St in downtown Milwaukee, within the Water Street bar and restaurant district. Its central setting and established restaurant infrastructure provide a practical base for continued food-and-beverage operations.

Key Highlights

  • Fully built‑out restaurant and bar property
  • Patio space included
  • Second‑floor office area

Property Analytics

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Current Use

Lowcountry Milwaukee Restaurant Bar Louie Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Veterinary Clinic Buffet 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.

Location Intelligence

Trade Area within ½ mile

6,714
Businesses Nearby
Under-served
Demand for This Use

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

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?
Conventional restaurant - The property includes second-floor office space and a full basement for additional operational flexibility.
Where is this conventional restaurant located?
The property is located at 1114 N Water St Milwaukee, WI.
What are key features of this property?
This property features: Fully built‑out restaurant and bar property; Patio space included; Second‑floor office area
More about this property
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