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2523-2551 N Downer Ave, Milwaukee, WI

Office space in Milwaukee's Murray Hill neighborhood above Starbucks.

Space SizeContact for details
Property Size4,412 SF
Lot Size1.00 Acre
Days on Market414

Property Features for 2523-2551 N Downer Ave

General Information

Standard status Active
Size 4,412 SF
Lot size 1.00 Acre
Property subtype OFFICE

Spaces For Lease

at 2523-2551 N Downer Ave Contact us

Charming, Modern Eastside Office $24/SF/Yr

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Listing Agency: Ogden & Company, Inc., AMO
Listed By: Susan Sardina
Source: Moodyscre
Added: Jun 18, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:07AM

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 Ogden & Company, Inc., AMO

Investment Insights

Based on property information with market context.

Located in Milwaukee’s vibrant Murray Hill neighborhood, the property at 2524 E Webster Place offers office space with 4,412 square feet of shell space. Situated above Starbucks on Downer Avenue, this Class B building combines historic charm with modern amenities. The building features updated common area finishes. The location is highly visible above the high-traffic Starbucks on Downer Ave. The space offers old-world charm with brick, high ceilings, concrete columns, and abundant natural light. A parking structure is available. Medical synergies are present within the building. A generous tenant improvement package is available.

Key Highlights

  • Highly visible location above high‑traffic Starbucks on Downer Ave.
  • 4,412 square feet of shell space in Milwaukee’s vibrant Murray Hill neighborhood.
  • Generous TI package available.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Daycare Center Electrical Service HVAC Service Garden Center Food Market 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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby

Market

Lease Benchmarks for Milwaukee, WI

$27.53 /SF/Yr
Avg Asking Price
$0.68–$275 /SF/Yr
Price Range
13,361 SF
Avg Space Size

This space is priced 13% below the average of $27.53 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space in Milwaukee's Murray Hill neighborhood above Starbucks.
Where is this office units located?
The property is located at 2523-2551 N Downer Ave Milwaukee, WI.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Highly visible location above high‑traffic Starbucks on Downer Ave.; 4,412 square feet of shell space in Milwaukee’s vibrant Murray Hill neighborhood.; Generous TI package available.
(414) 276-5285 Call to check price and availability
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