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    Property profile & analytics
    OFF-MARKET Estimated value $1,295,000
    Turn key restaurants

    1114 Water St, Milwaukee, WI 53202-3108

    12,778 SF 0.39 ac lot Built 1910
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US92-0699354
    Property summary
    AI-generated overview

    This exceptional Milwaukee property, located at 1114 N Water Street, presents a unique investment opportunity. The building, constructed in 1910 and extensively renovated in 2016, boasts a total of 11,332 square feet across two stories. Currently configured as a mixed-use space encompassing both office and restaurant components, it offers a versatile layout adaptable to various business needs. A significant 2,500 square feet of space is currently vacant, providing immediate potential for expansion or new tenancy. The property sits on a 0.4-acre lot in the desirable Milwaukee County, Wisconsin, zip code 53202, offering excellent visibility and accessibility. Its prime waterfront location in Milwaukee provides unparalleled exposure and attracts a high volume of foot traffic. The building's blend of historic charm and modern updates creates a unique and attractive environment for businesses seeking a distinctive presence. The multiple tenancy structure allows for diverse income streams and flexible occupancy arrangements. This is an exceptional opportunity to acquire a well-maintained, historically significant commercial property in a thriving Milwaukee location. The property's size, location, and recent renovations make it an ideal investment for both established businesses and new ventures.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1910
    Total area 12,778 SF
    Lot 0.39 ac (17,068 SF)
    Zoning code C9B(A)
    APN 392-2572-100
    UPID US92-0699354
    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
    • Lowcountry Milwaukee Restaurant
    • Bar Louie Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.32M
    Blend (final) Blend
    $1.30M
    Owner & transaction history
    Ssg Property Holdings LLC · 10 yrs held
    Ssg Property Holdings LLC
    since 2016
    7 recorded transactions
    2023
    2017
    2016
    2011
    1969
    1969
    1969
    Zoning & alternative use
    C9B(A) · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.7M +2.6%
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