Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    761 Jefferson St Milwaukee, WI 53202

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    761 Jefferson St Milwaukee, WI 53202

    View on Map
    • Retail properties & Spaces
    • 15,600 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 761 Jefferson St

    Property size
    15,600 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional Milwaukee retail property, located at 761 N Jefferson St, offers a unique opportunity to establish or expand your business in a prime downtown location. The building boasts a rich history, having served as the home of a highly successful local brand for nearly a century. This 15,600 square foot building currently features one suite, with 5,284 square feet immediately available for lease. The property's stunning architectural details, including an intricate terra cotta façade and copper-clad arched storefront windows, create an atmosphere of sophistication and class. Its prominent location and historical significance provide instant brand credibility and attract significant foot traffic. Ample parking is available within a one-block radius, encompassing street parking, surface lots, and structured parking options, ensuring convenient access for customers and employees. Situated in Milwaukee County, Wisconsin, zip code 53202, this property presents a rare chance to secure a truly remarkable retail space in the heart of Milwaukee. The property's size and character make it ideal for a variety of retail uses. Don't miss this chance to claim your piece of Milwaukee's retail legacy.

    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
    -87.9057
    Latitude
    43.0404

    Comparable in this City

    • Value Estimation
      $1,335,000
      12,160 SF

      767 769th N Jefferson St

      STORE, RETAIL OUTLET • 12,160 SF
      767 769th N Jefferson St, Milwaukee, WI 53202
      View Details
    • Value Estimation
      $995,000
      15,300 SF

      1534 Farwell Ave, Unit 1542

      STORE, RETAIL OUTLET • 15,300 SF
      1534 Farwell Ave, Milwaukee, WI 53202-2366
      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 by Request
      5,300 SF

      310 Broadway

      Retail properties & Spaces • 5,300 SF
      310 Broadway, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request
      52,544 SF

      759-763 Milwaukee St

      Office properties & Spaces • 52,544 SF
      759-763 Milwaukee St, Milwaukee, WI 53202
      View Details
    • Value Estimation by Request
      56,368 SF

      233-243 Water St

      Office Units • 56,368 SF
      233-243 Water St, Milwaukee, WI 53202
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Milwaukee Retail Space For Sale

      Retail property in Milwaukee's lower east side with ample parking.
      605 E Lyon St, 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
    • Contact for pricing
      1,638 SF

      Mixed-Use Building in Central Milwaukee

      Seven-story mixed-use building with office and retail space.
      751-765 N Broadway, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      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
    • 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
    • Contact for pricing

      Historic Building Retail/Office Space

      Street-level retail and office space in historic Milwaukee building.
      312 E Broadway, Milwaukee, WI 53202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,564 SF

      Historic Third Ward Retail Space

      Prime retail space in Milwaukee's Historic Third Ward.
      211-213 N Broadway, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      1,758 SF

      Turnkey Salon Space Available

      Salon space for rent, ready for immediate occupancy.
      1611-1633 W Wells St, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      1,542 SF

      Prime Retail Space Downtown Milwaukee

      Retail space with high foot traffic and visibility.
      205 E Wisconsin Ave, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      3,310 SF

      Historic Third Ward Retail Space

      Prime retail space in Milwaukee's Historic Third Ward.
      159-165 N Broadway, Milwaukee, WI 53202
      View Details
    • Contact for pricing

      Prime Retail Space in Milwaukee

      Iconic retail space available in downtown Milwaukee.
      761 N Jefferson St, Milwaukee, WI 53202
      View Details
    • Contact for pricing
      15,600 SF

      Prime Retail Space in Milwaukee

      Iconic retail space available in downtown Milwaukee.
      751-761 N Jefferson 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.
    761 Jefferson 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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!