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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

233-243 Water St Milwaukee, WI 53202

56,368 SF
Property ID
Property summary
AI-generated overview

The Saddlery, located at 233-243 N Water St in Milwaukee, WI 53202, offers exceptional executive office and retail space in the vibrant Historic Third Ward. This Class B building boasts 56,368 square feet of total space, with 20,458 square feet currently vacant. Units range from a minimum of 238 square feet to a maximum contiguous space of 8,200 square feet, making it suitable for a variety of businesses. The building features attractive cream city brick, heavy timber construction, and high ceilings, creating a unique and desirable atmosphere. Its prime riverfront location provides stunning views, including riverwalk access and boat slips, offering tenants unparalleled access to the Milwaukee River and its scenic sunsets. The flexible space is ideal for various uses, including soft goods retail, cafes, bars, restaurants, event venues, salons, and wellness businesses. Multiple tenancy options are available. This exceptional property presents a rare opportunity to establish a presence in one of Milwaukee's most sought-after neighborhoods. Inquire today to explore the available spaces and envision your business thriving in this remarkable setting.

Property profile
Verified
Property type Retail properties & Spaces
Total area 56,368 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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