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Property profile

1700 Farwell Ave Milwaukee, WI 53202

OFF-MARKET
Commercial real estate
Property ID
US92-0079086
View Sample
8,300 SF 0.1 ac lot Built 1897
Entity Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 1,868-square-foot executive office space is available for lease in Milwaukee County's vibrant Lower Eastside neighborhood. Located in a Class B building constructed in 1897, this single-tenant property offers unparalleled visibility at the corner of N Farwell Avenue and E Brady Street. The space is ideal for a variety of professional uses, including law firms, accounting firms, or potentially a small medical practice. The building's convenient location provides easy access to a wealth of local retail, dining, and hospitality options, enhancing the appeal for both employees and clients. The property's retail and office zoning provides flexibility for a range of business needs. Ample free on-street parking is available, adding to the convenience and accessibility of this exceptional location. The entire 1,868 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity to establish a thriving business in a highly desirable and well-connected area of Milwaukee. The building's character and location combine to offer a unique and attractive workspace. The property's size makes it suitable for a variety of business configurations, allowing for customization to meet specific operational requirements. This is a rare opportunity to secure a prominent space in a thriving Milwaukee neighborhood.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1897
Total area 8,300 SF
Lot 0.1 ac (4,195 SF)
Zoning code LB2
APN 355-0006-000
UPID US92-0079086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2025
Last sale
$2.1M
4 recorded transactions
2025
$2.1M
2018
$1.8M
2016
Price N/A
2013
Price N/A

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.5M +40.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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