Ground Floor Restaurant
For Sale
Contact for pricing
777 N Water St, Milwaukee, WI 53202
Ground floor retail condo with dedicated restaurant space, offered with a 10-year lease at closing.
Property Size7,983 SF
Days on Market125
Property Features for 777 N Water St
General Information
Standard status
Active
Size
7,983 SF
Property subtype
Retail
Listing Agency:
Mid-America Real Estate
Listed By:
Scott Satula · License #WI 37897
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 8:02PM
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 Mid-America Real Estate
Investment Insights
Based on property information with market context.
This offering features a ground floor retail condo designed for restaurant use, with dedicated restaurant space within a single level. The property has operated as a Brazilian steakhouse concept for more than 15 years.
The restaurant is located in Downtown Milwaukee. The asset is positioned in the East Town area, near local attractions and the lakefront.
At closing, the property will be subject to a 10-year lease with 2% annual increases throughout the primary term and option periods. The lease will be personally guaranteed by the group of operators for this location.
The restaurant is located in Downtown Milwaukee. The asset is positioned in the East Town area, near local attractions and the lakefront.
At closing, the property will be subject to a 10-year lease with 2% annual increases throughout the primary term and option periods. The lease will be personally guaranteed by the group of operators for this location.
Key Highlights
- Ground floor retail condo in Downtown Milwaukee with 7,983 SF of dedicated restaurant space
- Rodizio Grill located at 777 North Water Street, Milwaukee, WI
- Existing Brazilian steakhouse concept has been operating at the site for over 15 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,486
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
Vacancy Rate% for Retail in Milwaukee, WI
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Ground floor retail condo with dedicated restaurant space, offered with a 10-year lease at closing.
Where is this conventional restaurant located?
The property is located at 777 N Water St Milwaukee, WI.
What are key features of this property?
This property features: Ground floor retail condo in Downtown Milwaukee with 7,983 SF of dedicated restaurant space; Rodizio Grill located at 777 North Water Street, Milwaukee, WI; Existing Brazilian steakhouse concept has been operating at the site for over 15 years
