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Riverfront Retail Space with Boat Slips
For Lease
Contact for pricing

233-243 N Water St, Milwaukee, WI 53202

Beautiful retail space features cream city brick, heavy timber, and a high-ceiling interior with riverfront access.

Space Size6,785 SF
Days on Market1506

Property Features for 233-243 N Water St

General Information

Standard status Active
Size 6,785 SF
Property subtype RETAIL

Site & Location

Neighborhood Historic Third Ward

Amenities

boat slips
riverfront & riverwalk
big views
sunsets
high ceiling

Building Details

Construction cream city brick, heavy timber

Spaces For Lease

at 233-243 N Water St
Saddlery Building AVAILABLE, Now
Floor 1
Size 6,785 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Cream city brick. Heavy timber. High ceiling. Boat slips. Riverfront & riverwalk. Big views. Sunsets. New to market beautiful retail space in the Historic Third Ward that has it all. Perfect for your soft goods retail store, small café/bar/restaurant, event venues, salon/wellness uses, and just about anything else. Call Marianne Burish or John Dulmes today to discuss your ideas and space options.
Contact us
Listing Agency: Transwestern Commercial Services WI
Listed By: Marianne Burish · License #5649190
Source: Moodyscre
Added: Sep 12, 2022 Changed: Oct 25 Last Checked: Oct 24 at 5:14PM

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 Transwestern Commercial Services WI

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Investment Insights

Based on property information with market context.

This for-lease retail space presents a distinctive character with cream city brick construction, heavy timber elements, and a high-ceiling interior. The offering also includes boat slips and riverfront access, with proximity to the riverwalk and broad views.

Located at 233-243 N Water St in Milwaukee’s Historic Third Ward, the space is positioned for businesses that benefit from a waterfront setting.

The layout is presented as flexible retail and concept space suitable for a range of uses, including soft goods retail, a small café/bar/restaurant, event venue use, or salon/wellness-style operations, subject to applicable approvals.

Key Highlights

  • Beautiful retail space in the Historic Third Ward with cream city brick, heavy timber, and a high‑ceiling interior
  • Riverfront & riverwalk access, with big views and sunsets
  • Boat slips available as part of the riverfront setting

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Buffet Carpet & Flooring Store

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Milwaukee, WI

$14 /SF/Yr
Avg Asking Price
$3.2–$24.11 /SF/Yr
Price Range
5,525 SF
Avg Space Size

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 - Beautiful retail space features cream city brick, heavy timber, and a high-ceiling interior with riverfront access.
Where is this retail space located?
The property is located at 233-243 N Water St Milwaukee, WI.
What are key features of this property?
This property features: Beautiful retail space in the Historic Third Ward with cream city brick, heavy timber, and a high‑ceiling interior; Riverfront & riverwalk access, with big views and sunsets; Boat slips available as part of the riverfront setting
(414) 305-3070 Call to check price and availability
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