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    200 Jefferson St Milwaukee, WI 53202

    Sponsored
    For Lease
    $17 SF/Yr ($17,985 /Mo)

    Unique single-tenant office building in Milwaukee's desirable Third Ward.

    Lot size:
    12,333 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,333-square-foot, two-story office building is situated in the vibrant Third Ward of Milwaukee County. Currently configured as a single-tenant space, it offers a unique opportunity for a business seeking a substantial and stylish headquarters. The building boasts a nearly identical layout on both levels, featuring an open concept design with custom sliding partition walls for flexible workspace configurations. Each floor includes a full kitchen, adding to the convenience and comfort of the space. A striking living moss wall adds a unique aesthetic touch, complementing the exposed brick walls and modern glass conference rooms. Ample parking is provided with 13 underground stalls (added in 2016) and 4 additional surface stalls located along the building's east side alley. The lower level also offers dedicated storage space and a conferencing room. The building's prominent location allows for monument signage, enhancing visibility and brand recognition. Furthermore, the property presents the potential for conversion into a multi-tenant configuration, offering future flexibility and expansion opportunities. Furniture and existing cabling are potentially available for a turnkey move-in experience. This is a rare opportunity to acquire a distinctive and well-appointed office space in a highly sought-after Milwaukee location.

    Property Features for 200 Jefferson St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,333 SF
    Total Rate
    17985.63

    Unit(s) available at that property

    Space
    Size
    12,333 SF
    Rate per SF
    $17

    HighLights

    • Unique single‑tenant, two‑story office building in Milwaukee's desirable Third Ward.
    • Monument signage opportunity.
    • Convertible to multi‑tenant.
    • 17 parking stalls (13 underground, 4 surface).
    • Two nearly identical floors, each with a full kitchen, exposed brick, glass conference rooms, and an open layout with custom sliding partitions.
    • Lower level includes a conference room, storage, and heated underground parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    7Summits, an IBM Company Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.904517841194
    Latitude
    43.032889105591

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    FAQs

    What type of property is this?
    Office space - Unique single-tenant office building in Milwaukee's desirable Third Ward.
    Where is this office space located?
    The property is located at 200 Jefferson St Milwaukee, WI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Unique single-tenant, two-story office building in Milwaukee's desirable Third Ward.; Monument signage opportunity.; Convertible to multi-tenant.
    Request Owner's contact information
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    Milwaukee, WI 53202
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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
    200 Jefferson St Milwaukee, WI 53202
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