534 Water St Milwaukee, WI 53202
This stunning four-story building at 534 N Water St, Milwaukee, WI 53202, offers a unique blend of historic charm and modern functionality. Built in 1876 and extensively renovated in 2024, this 16,800 square foot creative office space boasts 3,600 square feet of vacant space, perfect for a single tenant. The building features high ceilings, large bay windows, exposed cream city brick, and hardwood floors, creating an inspiring and flexible workspace. Its mixed zoning allows for diverse uses. Located in Milwaukee's desirable downtown district, this property enjoys excellent street visibility and is just one block from the Milwaukee Public Market and the Third Ward, providing easy access to amenities and a vibrant urban atmosphere. The building includes an elevator for convenient access to all four floors. This exceptional property presents a rare opportunity to establish a presence in a thriving, historic Milwaukee location. The address is conveniently located near the intersection of N Water Street and Michigan Street.
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ASI, Signage Innovations (Bike/Boat/Book/etc) Store Printing Service
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.
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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.