Historic Third Ward Office
For Lease
Contact for pricing
246 E Chicago Street, Milwaukee, WI 53202
Unique office space in Milwaukee's Historic Third Ward.
Space Size11,037 SF - 29,137 SF
Property Size120,000 SF
Days on Market1785
Property Features for 246 E Chicago Street
General Information
Standard status
Active
Size
11,037 SF - 29,137 SF
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
120,000 SF
Year Built
1917
Tenancy
Multiple
Spaces For Lease
at 246 E Chicago Street Contact us- Size
- 11,037 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Second Floor
- Size
- 29,137 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Third Floor
Listing Agency:
Colliers - Milwaukee, Wisconsin
(414) 276-9500
Listed By:
Mike Wanezek · License #WI 94-72254
Source:
Crexi
Added: Oct 13, 2021
Changed: Aug 22
Last Checked: Aug 31 at 12:19AM
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 Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Located at 246 E. Chicago St., this iconic three-story structure, known as the Third Ward Center, was originally built in 1917 for the Monarch Manufacturing Company. The building offers nearly 120,000 square feet of space. The current layout blends the building's history with sharp styling and user-focused amenities. Situated in the Historic Third Ward, the location provides access to a variety of food, drink, and shopping options.
Key Highlights
- Prime location in the Historic Third Ward, offering access to food, drink, and shopping.
- Substantial space with nearly 120,000 square feet.
- Unique blend of historical character and modern amenities.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,595
Businesses Nearby
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
Lease Benchmarks for Milwaukee, WI
$17.75 /SF/Yr
Avg Asking Price
$7–$25 /SF/Yr
Price Range
43,587 SF
Avg Space Size
This space is priced 4% below the average of $17.75 /SF/Yr.
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Unique office space in Milwaukee's Historic Third Ward.
Where is this office building located?
The property is located at 246 E Chicago Street Milwaukee, WI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime location in the Historic Third Ward, offering access to food, drink, and shopping.; Substantial space with nearly 120,000 square feet.; Unique blend of historical character and modern amenities.
