2123 Michigan St Milwaukee, WI 53233-1907
This Milwaukee County warehouse, located at 2123 W Michigan St, offers 16,800 square feet of immediately available space within a larger 32,658 square foot building. The property sits on a 1.3-acre lot and features a 4,800 square foot Quonset hut with 12,000 square feet of fenced yard space. Built in 1913, this two-story building is zoned IL2 and is situated in the WI - Milwaukee South Central submarket. The warehouse boasts a 16' clear height and includes two 16' overhead doors. One door provides access to the Quonset hut from 22nd Street, while the second connects the hut to the fenced yard. The minimum divisible space is 4,800 square feet, with a maximum contiguous space of 16,800 square feet currently available. The asking rent is $2.25 per square foot, with expenses at $0.23 per square foot. This property presents a unique opportunity for businesses seeking flexible warehouse space in a convenient Milwaukee location. The building has one dock-high door. The property is ideal for businesses needing both indoor and outdoor storage and easy access for loading and unloading.
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Ogden Construction Group Construction Company General Contractor
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WasteCap Resource Solutions, Inc. Waste Management Facility Hazardous Waste Disposal
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Busy B's Moving Moving Company
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Waste Cap Wisconsin Waste Management Facility
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Re-Creation Station of WI Charitable Organization Social Service Agency
(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…
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
IL2 · Milwaukee, WI(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, LF, MSP) 295-1001 Overlay Zone Purposes 295-1003 Neighborhood Conservation Overlay Zone 295-1005 Interim Study Overlay Zone 295-1007 Development Incentive Overlay Zone 295-1009 Site Plan Review Overlay Zone 295-1013 Shoreland-Wetland Overlay Zone 295-1015 Lakefront Overlay Zone 295-1017 Master Sign Program Overlay Zone SUBCHAPTER 11 FLOODPLAIN OVERLAY ZONES (FW, FF, FSD, GFP, CFP) 295-1101 Statutory Authorization 295-1103 Finding of Fact 295-1105 Purposes 295-1107 Definitions 295-1109 Areas to Be Regulated 295-1111 Annexed Areas 295-1113 Abrogation And Greater Restrictions 295-1115 Interpretation 295-1117 Procedures 295-1119 Standards Applicable to All Floodplain Overlay Zones 295-1121 Standards for Development In the Floodway Overlay Zone 295-1123 Standards for Development in the Flood Fringe Overlay Zone 295-1125 Standards for Development in the Flood Storage Overlay Zone 295-1127 Standards for Development in the General Floodplain Overlay Zone 295-1128 Standards for Development in the Coastal Floodplain Overlay Zone 295-1129 Permits Required 295-1131 Certificate of Compliance 295-1133 Floodproofing 295-1135 Nonconformities 295-1137 Administration 295-1139 Government Agencies Regulated 295-1141 Removal of Lands from Floodplain 295-1143 Amendments 295-1145 Warning and Disclaimer of Liability 295-1149 Board of Zoning Appeals 295-1150 Compliance 295-1151 Enforcement and Penalties 295-1153 Severability Zoning 295-101 -653- 4/22/2025 ZONING SUBCHAPTER 1 INTRODUCTION 295-101. Title. This chapter shall be known as the “City of Milwaukee Zoning Code” and may be referred to as the "zoning code.” The locations of the districts enumerated in this chapter, and boundaries of such districts, are established as shown on the zoning map located in the office of the city plan commission. The map referred to herein shall be known as the “City of Milwaukee Zoning Map,” and may be referred to as the "zoning map". 295-103. Purpose. The purposes of this chapter are to: 1. Promote land uses and development that are consistent with the city's comprehensive plan. 2. Promote and protect the public health, safety and general welfare of the city. 3. Secure safety from fire, overcrowding and other dangers. 4.
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.
