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    1114 Water St Milwaukee, WI 53202

    Sponsored
    For Lease
    Contact for pricing

    Historic building, prime location, 2,500 sq ft available.

    Lot size:
    11,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Milwaukee property, located at 1114 N Water Street, presents a unique investment opportunity. The building, constructed in 1910 and extensively renovated in 2016, boasts a total of 11,332 square feet across two stories. Currently configured as a mixed-use space encompassing both office and restaurant components, it offers a versatile layout adaptable to various business needs. A significant 2,500 square feet of space is currently vacant, providing immediate potential for expansion or new tenancy. The property sits on a 0.4-acre lot in the desirable Milwaukee County, Wisconsin, zip code 53202, offering excellent visibility and accessibility. Its prime waterfront location in Milwaukee provides unparalleled exposure and attracts a high volume of foot traffic. The building's blend of historic charm and modern updates creates a unique and attractive environment for businesses seeking a distinctive presence. The multiple tenancy structure allows for diverse income streams and flexible occupancy arrangements. This is an exceptional opportunity to acquire a well-maintained, historically significant commercial property in a thriving Milwaukee location. The property's size, location, and recent renovations make it an ideal investment for both established businesses and new ventures.

    Property Features for 1114 Water St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,332 SF

    Building Details

    Year Built/Renovated
    1910/2016
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor
    Size
    2,500 SF

    HighLights

    • Second‑floor office space above Lowcountry Restaurant.
    • Water Street location with abundant nearby dining, bars, and shopping.
    • Private entrance on North Water Street.
    • Ample parking in adjacent lots and on the street.
    • Building signage opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lowcountry Milwaukee Seafood Restaurant Bar Louie Gastropub

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9107894
    Latitude
    43.0451271

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    FAQs

    What type of property is this?
    Restaurant - Historic building, prime location, 2,500 sq ft available.
    Where is this restaurant located?
    The property is located at 1114 Water St Milwaukee, WI.
    What are key features of this property?
    This property features: Second-floor office space above Lowcountry Restaurant.; Water Street location with abundant nearby dining, bars, and shopping.; Private entrance on North Water Street.
    Request Owner's contact information
    1114 Water St Milwaukee, WI 53202
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    Milwaukee, WI 53202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1114 Water St Milwaukee, WI 53202
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