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    234 W Florida St Milwaukee, WI 53204
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    234 W Florida St Milwaukee, WI 53204


    • Warehouses
    • 109,727 SF
    • 0.61 lot acres
    Class A Brick-and-Timber Office For Lease
    $7,075,000

    Class A Brick-and-Timber Office

    Attractive office space in Walker’s Point, designed for smaller users.

    234 W Florida St, Milwaukee, WI 53204
    View Listing
    Property ID
    US92-0014679
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 234 W Florida St

    Year built
    1892
    Lot size
    0.61 lot acres
    Property size
    109,727 SF
    Zone code
    IM
    Property type
    Warehouses
    APN
    428-0320-110
    APU
    4280320110

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,085,000
      6.5%
      $7,465,000
      7%
      $6,930,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,079,000
      Market price range: $2.67M - $9.08M
      AI Estimate
      $4,674,000
      Market price range: $1.93M - $4.67M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $5,925,000
      Current use
      MEDICAL BUILDING
      $11,295,000
      Change: +91% Conversion: Difficult
      RESTAURANT
      $10,770,000
      Change: +82% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $10,210,000
      Change: +72% Conversion: Moderate
      OFFICE BUILDING
      $8,695,000
      Change: +47% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9137
    Latitude
    43.0277
    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
    $224,485
    $213,000
    $9,215,200
    $9,428,200
    -
    $213,000
    $9,215,200
    $9,428,200
    View Listing
    More about this property
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