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Loft-Style Creative Office
For Lease
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223 N Water St, Milwaukee, WI 53202

Office suites combine exposed cream city brick, wood beams, and Milwaukee River views.

Space Size1,500 SF
Days on Market379

Property Features for 223 N Water St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 223 N Water St Contact us

Third Ward Office Space Available $14/SF/Yr

Floor
4
Size
1,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
• Highly desired Third Ward location • Loft style office suites with exposed...
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Listing Agency: Anderson Commercial Group, LLC
Listed By: Steve Anderson · License #9051327
Source: Moodyscre
Added: Aug 20, 2025 Changed: Aug 31 Last Checked: Sep 1 at 5:51PM

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 Anderson Commercial Group, LLC

Investment Insights

Based on property information with market context.

This 1,500-square-foot creative office property offers loft-style suites with exposed cream city brick and wood beams. The interior character provides a distinctive setting for office users seeking a nontraditional commercial environment.

Located at 223 N Water St in Milwaukee’s Third Ward, the property includes views along Water St and the Milwaukee River.

Key Highlights

  • 1,500 square feet of creative office space
  • Loft‑style office suites with exposed cream city brick
  • Original wood beams add architectural character

Property Analytics

Current Use

Regency Office Products (Bike/Boat/Book/etc) Store Empower Yoga Gym & Fitness Center Loyal Dog Marketing Advertising Agency Wisconsin Sign Association Marketing & Advertising Ally 360 Nonprofit ... Advertising Agency

Suggested Use

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

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,595
Businesses Nearby

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Office suites combine exposed cream city brick, wood beams, and Milwaukee River views.
Where is this creative space located?
The property is located at 223 N Water St Milwaukee, WI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,500 square feet of creative office space; Loft‑style office suites with exposed cream city brick; Original wood beams add architectural character
(414) 858-5200 Call to check price and availability
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