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Highly Visible Office Unit
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140 S 1st St, Milwaukee, WI 53204

Office unit on a main arterial with easy freeway access and walkability to downtown Milwaukee destinations.

Space Size1,079 SF
Days on Market2587

Property Features for 140 S 1st St

General Information

Standard status Active
Size 1,079 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Harbor View

Spaces For Lease

at 140 S 1st St
Castings Point Downtown Office/Retail Building for Lease $10 – $12/SF/Yr
Floor 2
Size 1,079 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• New base rent $10/SF NNN • Ask about rent incentives and allowances to upgrade Highly visible along S 1st St, a main arterial going thru downtown Milwaukee. Easy access to freeway. Walkability to downtown, famous river walk, beautiful Lake Michigan, public market, Summerfest "world's largest music festival", many great restaurants and retail and several residential apartments condos. Join many great tenants, Town Bank with drive thru, Chiropractor, Prestige Collective, Stir Marketing, EBI Office.
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Listing Agency: EC Commercial Real Estate
Listed By: Alicia Hurst Alexander · License #5708490
Source: Moodyscre
Added: Oct 1, 2019 Changed: Oct 26 Last Checked: Oct 28 at 10:47AM

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 EC Commercial Real Estate

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Investment Insights

Based on property information with market context.

This office unit offers a compact commercial footprint at 1,079 SF, positioned for tenants that want visibility and straightforward access in downtown Milwaukee. The property is advertised under an NNN structure, with possible rent incentives and allowances to upgrade the space to meet tenant needs.

140 S 1st St is highly visible along S 1st St, described as a main arterial through downtown Milwaukee, and provides easy access to the freeway. The surrounding area supports frequent pedestrian activity, with walkability to the downtown river walk, Lake Michigan, the public market, Summerfest, and numerous restaurants, retail, and nearby residential apartments and condos.

The building tenant mix includes Town Bank with a drive-thru, a chiropractor, Prestige Collective, Stir Marketing, and EBI Office.

Key Highlights

  • 1,079 SF office unit for lease
  • Highly visible along S 1st St, a main arterial through downtown Milwaukee
  • Easy access to the freeway

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Town Bank Bank Jeffrey Oles, DC Alternative Medicine Practice Chiropractic Company of Milwaukee ... Alternative Medicine Practice Dr. Peter Bradshaw Physician STIR Advertising & Integrated ... Advertising Agency

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Electrical Service Nursing Home Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

5,057
Businesses Nearby

Demographics for 53204, WI

39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Milwaukee, WI

$12.83 /SF/Yr
Avg Asking Price
$1.1–$24 /SF/Yr
Price Range
8,416 SF
Avg Space Size

This space is priced 22% below the average of $12.83 /SF/Yr.

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office unit on a main arterial with easy freeway access and walkability to downtown Milwaukee destinations.
Where is this office unit located?
The property is located at 140 S 1st St Milwaukee, WI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 1,079 SF office unit for lease; Highly visible along S 1st St, a main arterial through downtown Milwaukee; Easy access to the freeway
(414) 425-3134 · Office Call to check price and availability
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