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Renovated Cream City Brick Building
For Lease
$15 SF/Yr

422 North 15th Street, Milwaukee, WI 53233

Historic building with modern updates near downtown Milwaukee and I-94.

Space Size938 SF - 2,933 SF
Days on Market198

Property Features for 422 North 15th Street

General Information

Standard status Active
Size 938 SF - 2,933 SF
Property subtype Office

Site & Location

Neighborhood Menomonee River Valley

Spaces For Lease

at 422 North 15th Street Contact us

Second Floor Available

Size 2,933 SF
Type Office
The second floor features a functional layout with a mix of private offices, conference rooms, and an open area suitable for cubicle workstations. Large windows provide ample natural light throughout the space. The suite is currently fully furnished, and the existing furniture could be made available.
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Lower Level Available

Size 938 SF
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Listing Agency: CBRE, Inc.
Listed By: John Mazza
Source: Cbre
Added: Apr 15 Changed: Oct 25 Last Checked: Oct 28 at 6:46AM

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, Inc.

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Investment Insights

Based on property information with market context.

Located near downtown Milwaukee and I-94, 422 North 15th Street is a three-story, multi-tenant building featuring a full lower level. The building was completely renovated in 2018, including new electrical, plumbing, and HVAC systems. The property showcases Milwaukee’s iconic Cream City brick and timber construction, enhanced by contemporary features including an elevator, updated restrooms, and a programmable exterior lighting system. The exterior lighting system adds visual interest and freeway presence. Approximately seven parking spaces are available, along with street parking. Neighboring lots provide additional parking options. Prominent building signage is available and visible from I-94.

Key Highlights

  • Completely renovated in 2018 with new electrical, plumbing, and HVAC systems.
  • Highly visible location near downtown Milwaukee and I‑94.
  • Prominent building signage visible from I‑94.**

Property Analytics

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

Current Use

River Valley Historic ... Hotel & Motel SELAROM Construction, LLC Construction Company Christopher Kidd and Associates, ... Architecture Firm Greywolf IT Tech Support Center Mindfully Clean LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Garden Center HVAC Service Kitchen & Bath Showroom Electrical Service

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,181
Businesses Nearby

Demographics for 53233, WI

15,531
Population
5,531
Households
2.8
Avg Household Size
25
Median Age
17%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
8,628
Density / Sq Mi
$20,306
Median Household Income
$10,060
Median Earnings
$846
Median Rent
$132,900
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

$17.75 /SF/Yr
Avg Asking Price
$7–$25 /SF/Yr
Price Range
49,689 SF
Avg Space Size

This space is priced 15% below the average of $17.75 /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

Frequently Asked Questions

What type of property is this?
Office building - Historic building with modern updates near downtown Milwaukee and I-94.
Where is this office building located?
The property is located at 422 North 15th Street Milwaukee, WI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Completely renovated in 2018 with new electrical, plumbing, and HVAC systems.; Highly visible location near downtown Milwaukee and I‑94.; Prominent building signage visible from I‑94.**
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