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    740 Plankinton Ave Milwaukee, WI 53203

    Sponsored
    For Lease
    Contact for pricing

    Prime Riverfront Retail/Restaurant Opportunity

    Lot size:
    81,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Milwaukee commercial property, located at 740 N Plankinton Avenue, offers a unique blend of historic charm and modern functionality. The eight-story building, constructed in 1912, boasts a total of 81,000 square feet of space, currently featuring multiple tenants. A significant opportunity exists with 17,200 square feet of vacant space available, divisible into units as small as 6,700 square feet, with a maximum contiguous space of 10,500 square feet. Ideal for a variety of retail or restaurant uses, the property's location in Milwaukee County, Wisconsin, provides excellent visibility and accessibility. The building's prime location offers the added benefit of a riverfront patio, perfect for outdoor dining or events. This is a rare chance to secure a substantial space in a highly desirable downtown Milwaukee location, within a building rich in history and character. The available space is adaptable to suit a range of business needs, making it an attractive investment for both established businesses and new ventures. The address is 740 N Plankinton Ave, Milwaukee, WI 53203. This property presents a compelling opportunity to establish a thriving business in a vibrant urban setting. The building's size and layout offer flexibility for various configurations, catering to diverse business requirements. Don't miss this chance to secure a prominent presence in Milwaukee's dynamic commercial landscape.

    Property Features for 740 Plankinton Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,000 SF

    Building Details

    Year Built
    1912
    Stories
    8

    Unit(s) available at that property

    Space
    Restaurant Space
    Size
    17,200 SF

    HighLights

    • 81,000 SF, eight‑story building at 740 N Plankinton Ave, Milwaukee, WI 53203, built in 1912.
    • 17,200 SF of vacant space available, divisible into units as small as 6,700 SF, with a maximum contiguous space of 10,500 SF.
    • Prime riverfront location with patio.
    • Lower level ideal for private events.
    • Potential for public boat dock access.
    • Divisible space, suitable for various uses, including retail and restaurants; tenants pay pro‑rata share of real estate taxes, insurance, and utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Leib & Katt, LLC Insurance Attorney Integrated Time Systems Software Company Milwaukee Mustangs Club Gregory E. Erchull, ... Attorney Douglas F. Mann ... Attorney

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.911970117143
    Latitude
    43.039649830194

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    FAQs

    What type of property is this?
    Restaurant - Prime Riverfront Retail/Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 740 Plankinton Ave Milwaukee, WI.
    What are key features of this property?
    This property features: 81,000 SF, eight-story building at 740 N Plankinton Ave, Milwaukee, WI 53203, built in 1912.; 17,200 SF of vacant space available, divisible into units as small as 6,700 SF, with a maximum contiguous space of 10,500 SF.; Prime riverfront location with patio.
    Request Owner's contact information
    740 Plankinton Ave Milwaukee, WI 53203
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    Milwaukee, WI 53203
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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
    740 Plankinton Ave Milwaukee, WI 53203
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