Property profile

611 E Wisconsin Ave Milwaukee, WI 53202

FOR LEASE
Hotels
Property ID
US92-0599287
172,609 SF 0.96 ac lot Built 1969
Entity Owned Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Financial Advisor
  • Logistics Company Freight Service
  • Financial Advisor
  • Bank Credit Union

Location

611 E Wisconsin Ave Milwaukee, WI 53202
Milwaukee metro Census 186300 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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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

since 2025
5 recorded transactions
2025
Price N/A
2019
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

C9F(A) · Milwaukee, WI
Zoning description

The C9F(A) office and service district is designed and intended to serve both as a retail trade and a personal and business services district, as well as a major center of office commercial activities

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $7.5M +63.7%
Apartment house (5+ units) $7.3M +58.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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