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    1652 Water St Milwaukee, WI 53202-2019
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    Property profile & analytics

    1652 Water St, Milwaukee, WI 53202-2019

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    • Auto shops
    • 1,120 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Apr 9, 2024
    $520,000
    Property ID
    US92-1036258
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $520,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Señor Gordito's / Restaurant

    Property Details for 1652 Water St

    Year built
    1927
    Lot size
    0.22 lot acres
    Zone code
    RED
    Property type
    Auto shops
    APN
    360-0075-100
    APU
    3600075100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 17, 2025 — Nexgen Partners LLC — Deed · related $1.2M · Collins State Bank
    Apr 9, 2024 $520,000 Nexgen Partners LLC William H Weslow Warranty Deed $420k · Collins State Bank
    Apr 30, 2014 — 1652 Water St LLC Samuel J Grossman Quit Claim Deed · related —
    Apr 30, 2014 $229,000 William H Weslow 1652 Water St LLC Warranty Deed $205k · Us Bk

    Description

    This exceptional 1,330 square foot retail space is situated in a prime downtown Milwaukee location at 1652 N Water St, Milwaukee, WI 53202. The property is part of an existing commercial building and offers a single-tenant occupancy within a vibrant, densely populated, and walkable area. The space is ideal for a restaurant, given its existing infrastructure and convenient access to a nearby food truck court, providing additional opportunities for synergy and customer engagement. The entire 1,330 square feet is currently vacant and ready for immediate occupancy. This ground-floor space presents a unique opportunity for businesses seeking high visibility and foot traffic in a bustling Milwaukee neighborhood. The property is located in Milwaukee County, Wisconsin, and offers a single-story layout, making it easily accessible and manageable. In addition to the retail space, the property owners are also actively seeking food truck tenants to complement the existing retail offering. This creates a potential for a collaborative and mutually beneficial business environment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $520,000
      ML approach
      $520,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $555,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9055
    Latitude
    43.052
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,243
    $254,400
    $7,800
    $262,200
    -
    $254,400
    $7,800
    $262,200
    More about this property
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