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    216 Milwaukee St Waterford, WI 53185

    For Lease
    $11 SF/Yr ($5,859 /Mo)

    Versatile Flex Space, 1600 sq ft Available

    Lot size:
    6,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional flex space, located at 216 N Milwaukee St in Waterford, Wisconsin, presents a unique opportunity for businesses seeking a versatile and adaptable workspace. The property boasts a total of 6,250 square feet, with 1,600 square feet currently available for lease. The building is classified as Class C and sits on a 0.51-acre lot, offering ample space and potential for expansion. The zoning is designated as Business District, providing flexibility for a variety of commercial uses. The property features a convenient 18-space parking lot, ensuring ample parking for employees and clients. The building's classification as both retail and industrial allows for a wide range of potential tenants, from light manufacturing and warehousing to retail showrooms and offices. The multiple tenancy structure suggests a vibrant and collaborative environment. The property's address is 216 N Milwaukee St, Waterford, WI 53185. The property's APN is 191041935163000. This is an ideal location for businesses seeking a functional and accessible space in a thriving community. The available 1,600 square feet provides a great opportunity for a smaller business to establish a strong presence or for a larger business to expand its operations. Don't miss this chance to secure a prime location in Waterford, Wisconsin.

    Property Features for 216 Milwaukee St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,250 SF
    Class
    C
    Total Rate
    5859.38

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $11

    HighLights

    • End unit with high visibility.
    • Prime downtown Waterford location.
    • High traffic count: approx. 4,400 cars daily (WI DOT).
    • Monument signage available on N Milwaukee Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sarah's Sublimation Graphic Designer Soles On Air Sportswear Store The Vape Spot Vaporizer Store Bonnie's Customs & Clothing Custom T-Shirt Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Racine
    State
    Wisconsin
    Longitude
    -88.2098241
    Latitude
    42.7651802

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    Nearby Similar for Lease

    • $15 SF/Yr
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      Fully built-out medical clinic available for rent in Waterford.
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    • $14 SF/Yr
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    • $14 SF/Yr
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      Waterford Retail Space For Lease

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    FAQs

    What type of property is this?
    Flex space - Versatile Flex Space, 1600 sq ft Available
    Where is this flex space located?
    The property is located at 216 Milwaukee St Waterford, WI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: End unit with high visibility.; Prime downtown Waterford location.; High traffic count: approx. 4,400 cars daily (WI DOT).
    Request Owner's contact information
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    Waterford, WI 53185
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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
    216 Milwaukee St Waterford, WI 53185
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