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White-Box Retail Space

1901 S 14th St, Milwaukee, WI 53204

For Sale
New
Contact for pricing

The adaptable interior is ready for tenant improvements, with a drive-through layout subject to city approval.

Property Size6,000 SF
Price / SF$166.67
Days on Market5

Property Features for 1901 S 14th St

General Information

Standard status Active
Size 6,000 SF
Property subtype RETAIL

Site & Location

Neighborhood Historic Mitchell Street
Highway Access Yes
Listing Agency: Cushman & Wakefield | Boerke
Listed By: Javaughn Porter · License WI #9471994
Source: Moodyscre
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:01PM

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 Cushman & Wakefield | Boerke

Rey
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Investment Insights

Based on property information with market context.

This 6,000-square-foot retail space is in white-box condition, providing an open starting point for tenant buildout. The property formerly housed an auto parts store. A drive-through configuration may be feasible, subject to city approval.

The site is one mile from access to I-43 and I-94. Nearby retail businesses include El Rey Grocery, Advanced Auto Parts, and McDonald’s.

Key Highlights

  • 6,000‑square‑foot retail space in white‑box condition
  • Drive‑through configuration may be possible with city approval
  • One mile from I‑43 and I‑94 access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,937
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,740 $1.3M
Cap Rate 7%
$899,100 $899.1K
Cap Rate 9%
$699,300 $699.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$97.2K $16.20/SF
− Vacancy
−$7.3K −$1.22/SF
EGI
$89.9K $14.99/SF
− OpEx
−$27.0K −$4.50/SF
NOI
$62.9K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,740
Cap Rate 7%
$899,100
Cap Rate 9%
$699,300

Alternative Uses

Best Use
Retail
$899.1K
$786.7K – $1.05M (±1% cap)
NOI $62,937 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,930 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Accounting Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,304
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

Average Price Trend$/SF for Retail space in Milwaukee, WI

$116 Jul
$76.29 Aug
$88.14 Sep
$65.96 Oct

Properties on Market for Retail space in Milwaukee

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The adaptable interior is ready for tenant improvements, with a drive-through layout subject to city approval.
Where is this retail space located?
The property is located at 1901 S 14th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,000‑square‑foot retail space in white‑box condition; Drive‑through configuration may be possible with city approval; One mile from I‑43 and I‑94 access
(414) 902-3350 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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