108 Wells St Milwaukee, WI 53203
- Retail properties
- 6,250 SF
Current Use by Public Records
- Stackner Cabaret / Performing Arts Theater
- Stiemke Studio / Performing Arts Theater
- DaVinci Media / Home Theater Store / Video Store
- Quadracci Powerhouse / Performing Arts Theater
- Wisconsin State Historical Marker 57: Oneida Street Station / Historical Landmark
Property Details for 108 Wells St
- Year built
- 1897
- Property size
- 6,250 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail condominium opportunity presents a unique investment in Milwaukee's vibrant Westown area. The Cawker Building, a historic five-story structure built in 1897, offers 6,250 square feet of prime retail space, currently configured as a former restaurant and pharmacy. The property boasts a highly desirable riverfront location with direct access to the Milwaukee Riverwalk, enhancing visibility and attracting foot traffic. The first-floor retail space includes a 16-foot hood system, perfect for a restaurant or similar business, and an outdoor patio overlooking the river. Above the retail space are 17 residential units, providing additional income potential. The building's location offers unparalleled walkability to key attractions, including the Baird Center, Milwaukee's Theatre District, and The Deer District. Convenient access to major highways (I-43, I-794, and I-94) further enhances its appeal. The asking price is $500,000, translating to $80 per square foot. This is a rare chance to acquire a piece of Milwaukee history with significant upside potential. The property consists of two units within one building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9123
- Latitude
- 43.0403
