Retail/Restaurant Space in Historic Third
For Lease
Contact for pricing
333 N Water St, Milwaukee, WI 53202
Prominent retail/restaurant spaces available in Milwaukee's dynamic shopping destination.
Space SizeContact for details
Days on Market262
Property Features for 333 N Water St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Milwaukee
(414) 274-1650
Listed By:
Ben Weiland
(414) 274-1650
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 8
Last Checked: May 19 at 9:02PM
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 - Milwaukee
Investment Insights
Based on property information with market context.
Located in the Historic Third Ward, this property features 10,052 square feet of retail and restaurant space divided into three separate spaces. The Historic Third Ward is a destination for retailers debuting their brands in Wisconsin, and is home to the first West Elm, Restoration Hardware, Design Within Reach, and Blick Art Materials in the state. Several brands have chosen the Third Ward for their first Wisconsin locations, including Anthropologie, Lululemon, Warby Parker, UNTUCKit, Drybar, and Shake Shack. Retail delivery is scheduled for February 2024. The building also includes 333 residential units with residential delivery beginning in May 2024.
Key Highlights
- Located in the Historic Third Ward, Wisconsin's premier shopping destination
- Features 333 residential units
- Includes 10,052 SF of retail/restaurant space (three separate spaces)
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
7,022
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Milwaukee, WI
$11.59 /SF/Yr
Avg Asking Price
$5.94–$18 /SF/Yr
Price Range
17,691 SF
Avg Space Size
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Prominent retail/restaurant spaces available in Milwaukee's dynamic shopping destination.
Where is this shopping center located?
The property is located at 333 N Water St Milwaukee, WI.
What are key features of this property?
This property features: Located in the Historic Third Ward, Wisconsin's premier shopping destination; Features 333 residential units; Includes 10,052 SF of retail/restaurant space (three separate spaces)
