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Historic Office Building with Boardroom
For Lease
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647 W Virginia St, Milwaukee, WI 53204

Three-story brick office building with a modern buildout, central open staircase, and historic boardroom with fireplace.

Space Size47,000 SF
Days on Market908

Property Features for 647 W Virginia St

General Information

Standard status Active
Size 47,000 SF
Property subtype OFFICE

Site & Location

Neighborhood Walkers Point

Additional Details

Furnished Yes

Amenities

city views
freeway visibility
free parking
boardroom with fireplace
bank vaults
central open staircase
building signage

Building Details

Year Built 1912
Stories 3
Construction brick

Spaces For Lease

at 647 W Virginia St
Office For Lease $16 – $17/SF/Yr
Floor LL-3
Size 47,000 SF
Type OFFICE
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
The Trade Center is a three-story brick building with full garden level. It has intricate crown molding and historical finishes throughout -- built in 1912, it was once the administration and trade hub of tannery operations at the Pfister and Vogel Leather Company in the early 20th Century. Today, the building boasts a modern office buildout with a central open staircase. Beautiful moldings and pillars, a historic boardroom with fireplace, and former bank vaults on every floor are just a few of the unique offerings of the building. Striking city views, impeccable freeway visibility, and free parking for office tenants and their guests make this an incredible destination for any user. Full Plug ‘n’ Play options with furniture are available, as well as building signage.
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Listing Agency: Founders 3 Real Estate Services - Corporate
Listed By: Ned Purtell · License #9052622
Source: Moodyscre
Added: May 6, 2024 Changed: Oct 25 Last Checked: Oct 28 at 10:45AM

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 Founders 3 Real Estate Services - Corporate

Rey
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Investment Insights

Based on property information with market context.

The Trade Center is a three-story brick office building with a full garden level, built in 1912. The property features intricate crown molding and historical finishes throughout, including a central open staircase, a historic boardroom with a fireplace, and former bank vaults on every floor. A modern office buildout is in place.

The building also offers building signage, along with “plug ‘n’ play” furnished options available. The remarks indicate striking city views and impeccable freeway visibility, and free parking for office tenants and guests is available.

Ideal for an office user seeking a distinctive, character-rich work environment, the building combines historic architectural details with an updated interior layout.

Key Highlights

  • Three‑story brick office building with full garden level, built in 1912
  • Modern office buildout with central open staircase
  • Historic boardroom with fireplace

Property Analytics

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

Current Use

FedEx Drop Box Postal Service LSS Connections Social Service Agency The Trade Center at The Tannery Business Service Center Pfister & Vogel Leather ... Tour Operator LSS Foundation Association / Organization

Suggested Use

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

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,099
Businesses Nearby

Demographics for 53204, WI

39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 10% 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 - Three-story brick office building with a modern buildout, central open staircase, and historic boardroom with fireplace.
Where is this office building located?
The property is located at 647 W Virginia St Milwaukee, WI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Three‑story brick office building with full garden level, built in 1912; Modern office buildout with central open staircase; Historic boardroom with fireplace
(414) 801-3999 Call to check price and availability
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