Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1320 Brady St Milwaukee, WI 53202
    Back to Search
    Property profile & analytics

    1320 Brady St, Milwaukee, WI 53202

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Beer’d MKE / (Bike/Boat/Book/etc) Store

    Property Details for 1320 Brady St

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail space, located at 1320 E Brady St in Milwaukee, Wisconsin, offers 1,606 square feet of versatile commercial space ideal for a variety of uses, including retail, restaurants, or service businesses. Situated in a vibrant and densely populated neighborhood, this property benefits from high foot traffic and excellent visibility. The building is located in a bustling area of Milwaukee, bordered by Lake Michigan, known for its diverse dining, entertainment, and shopping options. This prime location provides unparalleled access to a large customer base. The property's strategic position allows businesses to capitalize on the significant activity generated by numerous annual neighborhood events, most notably the popular Brady Street Festival, ensuring consistent exposure to potential customers throughout the year. The space is currently available for lease and presents a unique opportunity for businesses seeking a high-traffic location within a thriving Milwaukee community. The zip code is 53202. The property is classified as multi-tenant retail. This is a fantastic opportunity to establish or expand your business in a dynamic and desirable area of Milwaukee. The property's location offers a unique blend of urban convenience and lakeside charm, making it an attractive destination for both residents and visitors.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.8944
    Latitude
    43.0532

    Comparable in this City

    • Value Estimation by Request
      327,352 SF

      333 Water St

      Restaurants • 327,352 SF
      333 Water St, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request
      8,253 SF

      1154 Water St

      Restaurants • 8,253 SF
      1154 Water St, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request

      107 Wells St

      Restaurants
      107 Wells St, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request
      1 SF

      737 Milwaukee St

      Restaurants • 1 SF
      737 Milwaukee St, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request
      6,400 SF

      11609 North Ave

      Restaurants • 6,400 SF
      11609 North Ave, Milwaukee, WI 53202
      View Details
    • Value Estimation
      $845,000
      6,728 SF

      730 Milwaukee St

      BAR, TAVERN • 6,728 SF
      730 Milwaukee St, Milwaukee, WI 53202-4404
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,330 SF

      Restaurant/Bar Opportunity Near Brady St.

      Restaurant/bar space for sale near Brady Street retail corridor.
      1850 N Water St, Milwaukee, WI 53202
      View Details
    • $3,300,000
      20,605 SF

      Downtown Milwaukee Stand-Alone Building

      Turn-key restaurant with upper level office/retail space.
      725-729 N Milwaukee St, Milwaukee, WI 53202
      View Details
    • $1,250,000
      12,566 SF

      Milwaukee Mixed-Use Building For Sale

      Historic mixed-use building in walkable downtown Milwaukee location.
      1245-1247 North Water St, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      275,036 SF

      Downtown Milwaukee Redevelopment Opportunity

      1.22 acres with 275,036 SF building for sale.
      811 E Wisconsin Ave, Milwaukee, WI 53202
      View Details
    • $1,475,000
      6,186 SF

      Turn-Key Restaurant & Event Space

      Restaurant and event space with parking in prime location.
      1550 N Farwell Ave, Milwaukee, WI 53202
      View Details
    • Contact for pricing

      Downtown Milwaukee Three-Story Building

      Stand-alone building with tenant in downtown Milwaukee for sale.
      714 N Milwaukee St, Milwaukee, WI 53202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,616 SF

      Historic Building in Hi-Fi District

      Historic building with Grain Exchange Room in Milwaukee's Hi-Fi District.
      225 E Michigan St, Milwaukee, WI 53202
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail and office spaces available in Milwaukee, ranging in size.
      222 East Erie St, Milwaukee, WI 53202
      View Details
    • $12 SF/Yr
      4,830 SF

      Renovated Retail Space Available

      Retail space with planned renovations near Riverwalk and Public Market.
      214-228 E Erie St, Milwaukee, WI 53202
      View Details
    • $22 SF/Yr

      Historic Third Ward Retail Space

      Retail space in Historic Third Ward with riverfront access.
      233-243 N Water St, Milwaukee, WI 53202
      View Details
    • $22 SF/Yr
      915 SF

      Historic Third Ward Retail Space

      Retail space in Historic Third Ward with riverfront and riverwalk.
      233-243 N Water St, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      10,052 SF

      Retail/Restaurant Space in Historic Third Ward

      Prominent retail/restaurant spaces available in Milwaukee's dynamic shopping destination.
      333 N Water St, Milwaukee, WI 53202
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1320 Brady St
    Milwaukee, WI 53202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1320 Brady St, Milwaukee, WI, 53202
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!