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Property profile & analytics
OFF-MARKET
Office Spaces

230 Wells St Milwaukee, WI 53203

13,239 SF Built 1925
Property ID
Property summary
AI-generated overview

This exceptional 13,239 square foot executive office condo is located on the second floor of the historic Century Building in Milwaukee's Westown neighborhood, close to the Deer District. Built in 1925 by Alfred S. Alschuler, this eight-story building boasts a reinforced-concrete structure with terracotta veneer on the west and south facades and brick infill on the north and east. The property features preserved original elements in the lobby, including marble walls and flooring, doors, and fixtures. The asking price is $674,818, translating to $50.97 per square foot. The property is zoned for commercial use within the Central Business District and has a Milwaukee County APN of 392-3002-000. The address is 230 W Wells Street, Floor 2, Milwaukee, WI 53203. This prime location offers unparalleled access to Milwaukee's vibrant downtown area and its growing business community. The unit's size and historical context make it an ideal investment opportunity for discerning buyers seeking a prestigious and well-located office space. The building's original architectural details combine with modern functionality to create a unique and desirable workspace. This is a rare opportunity to acquire a significant piece of Milwaukee's architectural heritage.

Property profile
Verified
Property type Office Spaces
Year built 1925
Total area 13,239 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
  • Law Office of Clayton Griessmeyer Law Firm
  • Henderson Law Office Law Firm
  • Bleu Lux Candle Bar Home Decor Store
  • Seniorlaw Law Firm
  • Klein Cord W Law Firm
Value estimations
Realmo proprietary · 4 methods
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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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