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    FOR LEASE
    Hotels

    611 E Wisconsin Ave, Milwaukee, WI 53202

    172,609 SF 0.96 ac lot Built 1969
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US92-0599287
    Property summary
    AI-generated overview

    This exceptional seven-story Class B office building, located at 611 E Wisconsin Avenue in Milwaukee, Wisconsin, offers a variety of flexible office spaces ideal for businesses of all sizes. Built in 1964, the building boasts a total of 145,545 square feet, with 105,291 square feet currently available. Suites range from a minimum of 2,189 square feet to a maximum contiguous space of 19,516 square feet, providing ample room for expansion or consolidation. The property features convenient amenities including underground heated parking and reserved surface parking, ensuring easy access for employees and clients. On-site dining facilities add to the convenience and appeal of this location. Situated in the heart of downtown Milwaukee, this building provides excellent visibility and accessibility, with easy access to major transportation routes and a vibrant urban environment. The multiple tenancy structure offers a diverse and dynamic atmosphere. This is a unique opportunity to secure prime office space in a well-maintained building with a wealth of desirable features. The building is located in Milwaukee County, Wisconsin, and has a zip code of 53202.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Year built 1969
    Total area 172,609 SF
    Lot 0.96 ac (41,955 SF)
    Zoning code C9F(A)
    APN 361-0714-111
    UPID US92-0599287
    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
    • DoubleTree by Hilton Hotel Milwaukee Downtown Hotel & Motel
    • Neviaser Investments Financial Advisor
    • JUSDA America Corporate Office Logistics Company Freight Service
    • Greg M. McPherson Financial Advisor
    • Ixonia Bank Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $5.79M
    Comparable Approach Comparable
    $4.44M
    Blend (final) Blend
    $5.12M
    Owner & transaction history
    Downtown Ventures LLP
    Downtown Ventures LLP
    since 2025
    5 recorded transactions
    2025
    2019
    2017
    2016
    1969
    Zoning & alternative use
    C9F(A) · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $7.5M +63.7%
    Apartment house (5+ units) $7.3M +58.6%
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    More about this property
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