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    3101 Delaware Ave Milwaukee, WI 53207

    Sponsored
    For Lease
    $14 SF/Yr

    3,000 SF Retail Office, Flexible Layout

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000-square-foot retail space, located at 3101 S Delaware, offers a unique opportunity in the desirable Bay View submarket. Built in 1936 and situated across from Oklahoma Ave, this two-story building is zoned LB2, providing versatility for a range of businesses. Currently vacant, the space boasts a flexible layout previously configured as a chiropractic office, featuring a reception area, five private rooms, and a larger open area. This allows for adaptability to suit various needs. The property is easily divisible, accommodating tenants requiring spaces as small as 1,200 square feet or up to a contiguous 3,000 square feet. The modified gross lease structure is straightforward: tenants are responsible for separately metered utilities, a proportional share of the water bill, and sidewalk snow removal. This prime location, combined with its adaptable layout and convenient lease terms, makes this property an ideal choice for a variety of businesses seeking a well-established presence in the vibrant Bay View area. The building's history and character offer a unique charm, while the modern layout provides the functionality needed for today's businesses. Don't miss this chance to secure a prominent space in a thriving neighborhood.

    Property Features for 3101 Delaware Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Building Details

    Year Built
    1936
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $14

    HighLights

    • Retail space totaling 3,000 square feet available for lease.
    • Single‑tenant occupancy.
    • Minimum divisible space of 1,200 square feet; maximum contiguous space of 3,000 square feet.
    • Built in 1936, two‑story building.
    • Located at 3101 S Delaware, cross streets at Oklahoma Ave, in the Bay View submarket.
    • Zoned LB2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Julie E. Vance, ... Chiropractor Dana Doty Acupuncturist Sweetgrass Acupuncture and Herbs Acupuncturist Chiropractic Health and Wellness Wellness Program Jennifer Prall Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.877239208988
    Latitude
    42.988130323657

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    FAQs

    What type of property is this?
    Retail property - 3,000 SF Retail Office, Flexible Layout
    Where is this retail property located?
    The property is located at 3101 Delaware Ave Milwaukee, WI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 3,000 square feet available for lease.; Single-tenant occupancy.; Minimum divisible space of 1,200 square feet; maximum contiguous space of 3,000 square feet.
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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
    3101 Delaware Ave Milwaukee, WI 53207
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