309 Water St, Milwaukee, WI 53202
This stunning 108,843 square foot office building, located at 309 N Water St in Milwaukee, WI 53202, offers prime executive office space in the heart of the Historic Third Ward. Units range from 1,206 to 3,991 square feet, featuring custom-designed and move-in ready options with Milwaukee Riverwalk frontage. Lofted interiors boast exposed timber beams, original cream city brick, and abundant natural light. The building includes multiple elevators, wide hallways, easily accessible restrooms, and a breathtaking lobby. Exterior features include attractive landscaping, clear signage, and exterior lighting. On-site management ensures smooth operations, complemented by a convenient first-floor Third Coast Gourmet deli (with a separate entrance) and a professional daytime concierge service. The building's central location is just south of I-794 and downtown Milwaukee, east of the Milwaukee River, providing easy access to Milwaukee's 1.5 million residents. Flexible lease terms are available, offering excellent value in this highly desirable location.
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LeBell Robert G Law Firm
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Law Office of Joseph R. Kennedy Law Firm
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Steinle Michael J Law Firm
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J. Ric Gass Law Firm
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Locatelli and Company Accounting Firm Tax Preparation
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.