1114 Water St, Milwaukee, WI 53202-3108
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.
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Lowcountry Milwaukee Restaurant
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Bar Louie Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C9B(A) · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
Costs & Benchmarks
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.