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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1154 Water St Milwaukee, WI 53202

8,253 SF
Property ID
Property summary
AI-generated overview

This exceptional 8,253-square-foot retail space, located at 1154 North Water Street in Milwaukee, Wisconsin, presents a unique opportunity for a discerning business owner. Situated in the vibrant Water Street entertainment district, this former Chicago-style pizza restaurant boasts high visibility and significant street presence. The property features a spacious layout ideal for a sit-down casual dining establishment, including a large horseshoe-shaped bar, an attractive private dining room, and a dedicated takeout/curbside delivery area. Ample outdoor space allows for the possibility of a sidewalk café. The building offers 20 parking spaces for customer convenience. The property is currently vacant and ready for immediate occupancy. The space is equipped with robust power, including 400 Amp 480v 3-phase and 270v single-phase power, ensuring sufficient capacity for a variety of business needs. Located in Milwaukee County, Wisconsin, zip code 53202, this property is ideally positioned within a thriving commercial district, offering excellent access to a large customer base. This is a rare opportunity to establish a successful business in a highly desirable location. The property's previous use as a popular restaurant provides a solid foundation for a variety of potential concepts.

Property profile
Verified
Property type Retail properties & Spaces
Total area 8,253 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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