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Property profile & analytics
FOR LEASE
Warehouses

234 W Florida St Milwaukee, WI 53204

109,727 SF 0.61 ac lot Built 1892
Entity Owned 17-yr Hold Free & Clear
Property ID
US92-0014679
Property summary
AI-generated overview

This exceptional Class A, brick-and-timber loft-style building at 234 West Florida Street in Milwaukee County offers 101,365 square feet of prime office and retail space. Currently, 6,258 square feet are available, divisible into units as small as 350 square feet and up to a contiguous 5,327 square feet, perfect for smaller to mid-sized businesses. The building boasts abundant natural light, thanks to its numerous windows, creating an attractive and bright workspace. Located in the desirable Walker's Point neighborhood, between the Third Ward and the 6th Street roundabout, this property provides unparalleled access to the vibrant urban core. Short-term lease options (1-2 years) are available for those seeking flexibility. The building features elevators and ample parking (0.87 spaces per 1,000 square feet). This is a truly unique opportunity to secure a best-in-class office space in a highly sought-after location. The building's design caters specifically to smaller to mid-size tenants, offering a professional yet edgy and unpretentious atmosphere. The multiple tenancy structure allows for a diverse and dynamic community of businesses. Don't miss this chance to establish your presence in this thriving Milwaukee neighborhood.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1892
Total area 109,727 SF
Lot 0.61 ac (26,625 SF)
Zoning code IM
APN 428-0320-110
UPID US92-0014679
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • comproDLS (Bike/Boat/Book/etc) Store Corporate Office
  • Ramboll Engineering Consultant
  • Tailored Salon Hair Salon
  • Sesini Law Group, S.C. Law Firm
  • Chaput Land Survey Land Surveyor Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.47M
Comparable Approach Comparable
$9.08M
Blend (final) Blend
$7.08M
Owner & transaction history
234 FLORIDA LLC
234 FLORIDA LLC
Zoning & alternative use
IM · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $11.3M +90.6%
Restaurant $10.8M +81.7%
Neighborhood: shopping center $10.2M +72.3%
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