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Restaurant Space in Milwaukee Eastside
For Lease
$25 SF/Yr

1515 West North Avenue, Milwaukee, WI 53205

Second generation restaurant space with parking in Milwaukee's Upper Eastside.

Space SizeContact for details
Days on Market207

Property Features for 1515 West North Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE, Inc.
Listed By: Devin Tessmer
Source: Cbre
Added: Mar 25 Changed: Oct 15 Last Checked: Oct 16 at 7:28AM

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, Inc.

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Investment Insights

Based on property information with market context.

This is a second-generation restaurant space located in Milwaukee’s Upper Eastside. The property features approximately 1620 square feet of space and includes rare off-street parking. Monument signage is available. The location benefits from a strong surrounding population density and close proximity to UW-Milwaukee. The property is available for rent.

Key Highlights

  • Second generation restaurant space ready for your concept
  • Rare off‑street parking, a valuable asset for your customers
  • Monument signage offering excellent visibility

Property Analytics

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Current Use

Essentials Smoke & Vape Grocery & Convenience Store MB Smoke On East (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery Kitchen & Bath Showroom Computer & Electronic Repair Garden Center

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53205, WI

9,397
Population
4,164
Households
2.3
Avg Household Size
30
Median Age
19%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
6,712
Density / Sq Mi
$30,300
Median Household Income
$30,871
Median Earnings
$803
Median Rent
$122,100
Median Home Value
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Market

Lease Benchmarks for Milwaukee, WI

$19.73 /SF/Yr
Avg Asking Price
$12–$28.86 /SF/Yr
Price Range
4,257 SF
Avg Space Size

This space is priced 27% above the average of $19.73 /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

Similar Off Market Nearby

  • Mama Duke's Soul Food — 1817 N 6th St, Milwaukee, WI 53212

Frequently Asked Questions

What type of property is this?
Restaurant - Second generation restaurant space with parking in Milwaukee's Upper Eastside.
Where is this restaurant located?
The property is located at 1515 West North Avenue Milwaukee, WI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Second generation restaurant space ready for your concept; Rare off‑street parking, a valuable asset for your customers; Monument signage offering excellent visibility
More about this property
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