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Retail Space with Exposed Brick

532 N Water St, Milwaukee, WI 53202

For Lease
$3,500/Mo

Ground-level space in a mixed-use residential building includes hardwood floors and two restrooms.

Space Size2,200 SF
Days on Market34

Property Features for 532 N Water St

General Information

Standard status Active
Size 2,200 SF
Net Rentable 2,200 SF
Zoning C9F(A)

Space & Availability

Available Space 2,200 SF
Contiguous Space 2,200 SF
Space Use Retail/Office

Site & Location

Neighborhood Historic Third Ward

Taxes and HOA fees

Annual Taxes $27,003

Amenities

hardwood floors
exposed Cream City brick
two restrooms

Building Details

Building Size 2,200 SF
Year Built 1875
Construction brick
Listing Agency: Kendrix Realtors
Listed By: Ossie Kendrix
Source: Defererealestate
Added: Oct 5 Changed: Nov 7 Last Checked: Nov 7 at 1:01PM

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 Kendrix Realtors

Rey
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Investment Insights

Based on property information with market context.

This 2,200-square-foot retail space occupies the ground floor of a mixed-use residential building. The interior features hardwood flooring, exposed Cream City brick, and two restrooms. Built in 1875, the property is zoned C9F(A). No amplified music is permitted.

Key Highlights

  • 2,200 square feet of ground‑floor retail space
  • Two restrooms
  • Hardwood floors and exposed Cream City brick

Property Analytics

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

Current Use

Trusted Kicks Clothing & Fashion Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Tanning Salon HVAC Service 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
$2.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,417
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

$15.86 /SF/Yr
Avg Asking Price
$3.2–$38.14 /SF/Yr
Price Range
5,093 SF
Avg Space Size

This space is priced 20% above the average of $15.86 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Milwaukee, WI

$14.54 Jul
$15.62 Aug
$13.49 Sep
$15.86 Oct

Properties on Market for Retail space in Milwaukee

Jul
Aug
Sep
Oct

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 - Ground-level space in a mixed-use residential building includes hardwood floors and two restrooms.
Where is this retail space located?
The property is located at 532 N Water St Milwaukee, WI.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 2,200 square feet of ground‑floor retail space; Two restrooms; Hardwood floors and exposed Cream City brick
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