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Two-Level Restaurant with Bars
New
For Lease
$4,800/Mo

704 S 2nd St, Milwaukee, WI 53204

A commercial kitchen and dining areas on both floors support restaurant operations.

Space Size1,996 SF
Days on Market2

Property Features for 704 S 2nd St

General Information

Standard status Active
Size 1,996 SF
Net Rentable 1,996 SF

Space & Availability

Available Space 1,996 SF
Space Use Restaurant

Additional Details

Flexible Term Yes

Building Details

Year Built 1887
Listing Agency: Compass RE WI-Northshore
Listed By: The Collaboration Group*
Source: Nikolicgroup
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:42AM

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 Compass RE WI-Northshore

Investment Insights

Based on property information with market context.

Restaurant space at 704 S 2nd St in Milwaukee spans two levels and totals approximately 1,996 square feet. The layout includes dining areas on each floor, a commercial kitchen, and two bars. Built in 1887, the property most recently operated as a full-service restaurant and was previously home to Cute Robot Japanese Kitchen.

The address sits between Steny's, Vendetta, and Fixture Pizza, within a restaurant and nightlife setting.

Key Highlights

  • Approximately 1,996 SF across two levels
  • Two bars and dining areas on both floors
  • Commercial kitchen in place

Property Analytics

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Open Analytics

Current Use

Cute Robot Japanese ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Locksmith Carpet & Flooring Store Clothing & Fashion 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
$4.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,826
Businesses Nearby
Under-served
Demand for This Use

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

$18.06 /SF/Yr
Avg Asking Price
$15.71–$25 /SF/Yr
Price Range
4,927 SF
Avg Space Size

This space is priced 60% above the average of $18.06 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen and dining areas on both floors support restaurant operations.
Where is this conventional restaurant located?
The property is located at 704 S 2nd St Milwaukee, WI.
What is the lease rate?
The lease rate is $4,800/Mo.
What are key features of this property?
This property features: Approximately 1,996 SF across two levels; Two bars and dining areas on both floors; Commercial kitchen in place
More about this property
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