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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    333 N Water St, Milwaukee, WI 53202

    327,352 SF Built 2023
    Entity Owned 3-yr Hold
    Property ID
    US92-0871635
    Property summary
    AI-generated overview

    This iconic, Class A, 31-story building at 333 Water Street offers unparalleled retail opportunities in Milwaukee's coveted Third Ward. Boasting 327,352 square feet, this 2023-built structure provides three distinct retail spaces ranging from 1,621 to 5,175 contiguous square feet, totaling 10,052 square feet. Each space features a stunning 15-foot-clear, modern glass storefront along Water Street, maximizing visibility and attracting high-end clientele. The building's prime location offers direct access to the newly renovated Milwaukee Riverwalk via St. Paul Avenue, providing unique outdoor patio space for tenants. This exceptional property benefits from its proximity to the Milwaukee Public Market and is surrounded by a highly affluent residential population; the average household income in the Third Ward exceeds $150,000, with a significant percentage earning over $200,000. The building also includes 550 parking spaces and elevators for tenant and customer convenience. Retail spaces are available for occupancy beginning February 2024. This is a rare opportunity to establish a presence in Wisconsin's premier shopping destination, within a building that serves a large, captive residential market of 333 units (delivery beginning May 2024). Don't miss this chance to be part of Milwaukee's most dynamic retail scene.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2023
    Total area 327,352 SF
    UPID US92-0871635
    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
    • 333 Water Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    333 N Water St Owner LLC · 3 yrs held
    333 N Water St Owner LLC
    since 2022
    7 recorded transactions
    2022
    $6.0M
    2021
    2021
    2019
    2018
    2018
    $5.6M
    2017
    $5.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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