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Property profile & analytics
OFF-MARKET
Office Spaces

648 Plankinton Ave Milwaukee, WI 53203

240,000 SF
Property ID
Property summary
AI-generated overview

The ASQ Center, located at 648 N Plankinton Ave in Milwaukee, WI 53203, offers prime executive office space in a vibrant, mixed-use development. This eight-story building, formerly a Gimbel's Department Store, boasts 240,000 square feet of total space, with 50,321 square feet currently vacant. Units range from a minimum of 3,400 square feet to a maximum contiguous space of 17,821 square feet, providing flexibility for businesses of various sizes. The building enjoys a highly desirable location at the convergence of the Central Business District, West Town, and Third Ward neighborhoods, offering unparalleled access to Milwaukee's amenities. Its impressive 400+ feet of Milwaukee River frontage provides River Walk accessibility and a dedicated boat slip. Furthermore, the building is connected to the city's nearly two-mile skywalk system, ensuring convenient indoor access to numerous other buildings. Parking is available at a ratio of 8 spaces per 1,000 square feet. This exceptional property presents a unique opportunity to establish a presence in one of Milwaukee's most sought-after locations. The building is situated in Milwaukee County.

Property profile
Verified
Property type Office Spaces
Total area 240,000 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
Current use
Occupant on record · Public records
  • City Year Charitable Organization Social Service Agency
  • MKE Theater District Theater & Performing Art Venue
  • GARDNER BUILDERS Milwaukee Construction Company
  • ACRC Association / Organization
  • Building Bridges Initiative Association / Organization
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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