215 N Water St Milwaukee, WI 53202
Property Lookup
Property profile & analytics
215 N Water St Milwaukee, WI 53202
- Warehouses
- 27,530 SF
- 0.13 lot acres
Property ID
US92-0002768
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.
Location Intelligence
Current Use by Public Records
- Dinvy, LLC / (Bike/Boat/Book/etc) Store / Corporate Office
- Andrews Gordon T MD / Physician
- Vrad Nighthawk / Medical Clinic
- Racon Capital Partners, LLC / Financial Advisor
- A Trio Jewelry Design Studio / (Bike/Boat/Book/etc) Store
Property Details for 215 N Water St
- Year built
- 1906
- Lot size
- 0.13 lot acres
- Property size
- 27,530 SF
- Zone code
- C9G
- Property type
- Warehouses
- APN
- 392-0955-000
- APU
- 3920955000
Description
This exceptional 26,109 square foot creative office building, constructed in 1906 and renovated in 2016, offers a unique opportunity in Milwaukee's vibrant Third Ward. The property features three suites, with 11,200 square feet currently vacant and divisible into spaces as small as 2,500 square feet, allowing for flexibility to accommodate various business needs. The building boasts five stories and seven parking spaces. A key advantage is its prime location, directly across from the Third Ward Parking Structure and offering convenient river access, including a potential boat slip. The fifth-floor suite includes a private mezzanine and rooftop patio. For a truly turnkey solution, some existing furniture and installed cabling are available. The smaller floor plates are ideal for single-floor occupancy, and there's potential to subdivide for tenants requiring approximately 2,000 square feet. This move-in ready space presents a rare chance to establish a presence in this highly sought-after Milwaukee neighborhood. The address is 215 N Water Street, Milwaukee, WI 53202, with a cross street of E Chicago Street.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,030,000
- 6.5%
- $1,875,000
- 7%
- $1,740,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,214,000
Market price range: $493k - $1.21M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,485,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9097
- Latitude
- 43.0329
- 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
2023
$114,189
$165,600
$4,351,700
$4,517,300
-
$0.00
$0.00
$5,427,500
