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    700 Virginia St Milwaukee, WI 53204

    Sponsored
    For Lease
    $12 SF/Yr

    Historic building, flexible suites, prime location

    Lot size:
    122,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Timbers Building, located at 700 W Virginia St in Milwaukee, WI 53204, offers exceptional creative office space in a beautifully restored historic building. Originally constructed in 1891, this seven-story brick and beam structure boasts 122,000 square feet of total space, with 23,716 square feet currently available. The building's rich history as the former home of the Pfister and Vogel Leather Company is evident in its unique architectural details, including stunning wood pillars. Modern amenities complement the historic charm, including a renovated lobby. Suites range from a minimum of 640 square feet to a maximum contiguous space of 5,704 square feet, providing flexibility for various business needs. The property offers ample parking, with a ratio of three spaces per 1,000 square feet. Its prime location in Milwaukee County provides excellent freeway visibility and easy access to the city's amenities. The building's diverse offerings include creative office space, a fitness center, and cafe space, making it an ideal location for a variety of businesses. Nine spaces are currently available for lease. This is a rare opportunity to lease space in a landmark Milwaukee building.

    Property Features for 700 Virginia St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    122,000 SF
    Total Rate
    122000

    Building Details

    Year Built
    1891
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,700 SF
    Rate per SF
    $17
    Space
    Suite 106
    Size
    640 SF
    Rate per SF
    $12
    Space
    Suite 110
    Size
    5,666 SF
    Rate per SF
    $12
    Space
    Suite 200
    Size
    695 SF
    Rate per SF
    $17
    Space
    Suite 203
    Size
    725 SF
    Rate per SF
    $17
    Space
    Suite 307
    Size
    2,380 SF
    Rate per SF
    $17
    Space
    Suite 402
    Size
    3,115 SF
    Rate per SF
    $17
    Space
    Suite 602
    Size
    3,091 SF
    Rate per SF
    $17
    Space
    Suite 610
    Size
    5,704 SF
    Rate per SF
    $17

    HighLights

    • State‑of‑the‑art fitness center.
    • Convenient locker rooms with showers.
    • Secure bike storage.
    • Attractive tenant lounge.
    • Prominent building signage for tenant visibility.
    • Flexible meeting and conference rooms available for reservation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yasin Law Law Firm Rathe Lindenbaum LLP Law Firm GoEngineer (formerly Alignex) ... Software Company Shore Clinic Walker's ... Psychotherapist Badger Institute Research Institute

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9197672
    Latitude
    43.0269823

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, flexible suites, prime location
    Where is this individual retail property located?
    The property is located at 700 Virginia St Milwaukee, WI.
    What is the lease rate?
    The lease rate is $12-$17 SF/Yr.
    What are key features of this property?
    This property features: State-of-the-art fitness center.; Convenient locker rooms with showers.; Secure bike storage.
    Request Owner's contact information
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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
    700 Virginia St Milwaukee, WI 53204
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