1505 2Nd St Milwaukee, WI 53212
Rivercenter, a prestigious Milwaukee office building, offers exceptional executive office space. This three-story building, totaling 439,992 square feet, underwent a complete renovation in 2021, boasting a revitalized look and feel. The property, originally constructed in 1947, provides multiple tenancy options with spaces ranging from 4,244 to 28,444 contiguous square feet, and a significant amount of vacant space totaling 228,425 square feet. Currently, there are 18 available spaces ranging in size from 3,413 to 60,843 square feet. Amenities include modernized tenant spaces, new conference rooms, and a vibrant entertainment area equipped with games and televisions. Enjoy unparalleled access to the Milwaukee River. The building offers ample parking with a ratio of 3.2 spaces per 1,000 square feet. Located in Milwaukee County, Wisconsin, at 1505 - 1575 N Rivercenter Dr, 1543 N 2nd St, 1610 N 2nd St, 101 W Pleasant St, and 111 W Pleasant St, zip code 53212, this property presents a unique opportunity for businesses seeking a prime location and modern workspace. The building's size and flexible space options cater to a wide range of business needs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.