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Historic Third Ward Office/Flex Space
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158 N Broadway, Milwaukee, WI 53202

Unique office and maker/flex spaces in historic Third Ward.

Space Size2,115 SF
Days on Market1748

Property Features for 158 N Broadway

General Information

Standard status Active
Size 2,115 SF
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 158 N Broadway Contact us

Office For Lease $17.02/SF/Yr

Floor
6
Size
2,115 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, 90 Days
Sublease
No
Need a lot of offices in an efficient space in a super-cool building on Broadway...
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Listing Agency: Transwestern Commercial Services WI
Listed By: Marianne Burish · License #5649190
Source: Moodyscre
Added: Nov 30, 2021 Changed: Sep 3 Last Checked: Sep 13 at 5:13AM

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 Transwestern Commercial Services WI

Investment Insights

Based on property information with market context.

Located on Broadway in the historic Third Ward, this property offers both office units and maker/flex spaces. The top floor office unit features spacious private offices with upgraded light fixtures, glass panel doors, side panels, and transoms. The maker/flex spaces are open and airy, and include 2 to 3 basin stainless steel sinks. One of the flex spaces offers a table top spray paint booth. The building features cream city brick and timber frame construction.

Key Highlights

  • Prime location on Broadway in the Historic Third Ward.
  • Combination of office and maker/flex space available.
  • Affordable prices and flexible lease terms.

Property Analytics

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Current Use

Broadway Theatre Center Hotel & Motel Theatre Theater & Performing Art Venue First Albrecht & Blondis ... Law Firm Skylight Music Theatre Theater & Performing Art Venue Milwaukee Chamber Theatre Theater & Performing Art Venue

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Nursing Home Tanning Salon Buffet Electrical Service

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,650
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Milwaukee, WI

$35.59 /SF/Yr
Avg Asking Price
$1.1–$275 /SF/Yr
Price Range
11,176 SF
Avg Space Size

This space is priced 52% below the average of $35.59 /SF/Yr.

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019
19.8% 2020
20.4% 2021
21.7% 2022
22.9% 2023
24.7% 2024
24.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Unique office and maker/flex spaces in historic Third Ward.
Where is this office units located?
The property is located at 158 N Broadway Milwaukee, WI.
What is the lease rate?
The lease rate is $17.02 SF/Yr.
What are key features of this property?
This property features: Prime location on Broadway in the Historic Third Ward.; Combination of office and maker/flex space available.; Affordable prices and flexible lease terms.
(414) 305-3070 Call to check price and availability
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