Remodeled Corner Retail
For Lease
$25 SF/Yr
151 North Water Street, Milwaukee, WI 53202
Remodeled storefront available immediately in Milwaukee’s Historic Third Ward.
Space SizeContact for details
Days on Market47
Property Features for 151 North Water Street
General Information
Standard status
Active
Property subtype
Retail
Space & Availability
Space Use
Retail
Available From
Immediate
Additional Details
Corner Location
Yes
Listing Agency:
CBRE - Milwaukee
(414) 274-1650
Listed By:
Ben Weiland
(414) 274-1650
Source:
Cbre
Added: Jul 17
Changed: Aug 31
Last Checked: Aug 31 at 2:41PM
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.
This 3,802-square-foot retail space occupies a prominent corner position at 151 North Water Street. The property has been remodeled and is available for immediate occupancy, offering a ready-to-use storefront setting for retail operations.
The space is located in Milwaukee’s Historic Third Ward within Downtown Milwaukee. The surrounding district includes shopping, arts, dining, and recreation, along with a mix of national and local businesses. Its address places the property within an established urban commercial environment serving visitors, residents, and nearby businesses.
The space is located in Milwaukee’s Historic Third Ward within Downtown Milwaukee. The surrounding district includes shopping, arts, dining, and recreation, along with a mix of national and local businesses. Its address places the property within an established urban commercial environment serving visitors, residents, and nearby businesses.
Key Highlights
- 3,802‑square‑foot retail space
- Prominent corner position at 151 North Water Street
- Remodeled interior available for immediate occupancy
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,595
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
Lease Benchmarks for Milwaukee, WI
$16.36 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
8,104 SF
Avg Space Size
This space is priced 53% above the average of $16.36 /SF/Yr.
Vacancy Rate% for Retail in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Remodeled storefront available immediately in Milwaukee’s Historic Third Ward.
Where is this retail space located?
The property is located at 151 North Water Street Milwaukee, WI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,802‑square‑foot retail space; Prominent corner position at 151 North Water Street; Remodeled interior available for immediate occupancy
