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Property profile & analytics
OFF-MARKET Estimated value $6,835,000
Office buildings

740 744th N Plankinton Ave Milwaukee, WI 53203

81,865 SF 0.79 ac lot Built 1912
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US92-0336431
Property summary
AI-generated overview

This exceptional Milwaukee commercial property, located at 740 N Plankinton Avenue, offers a unique blend of historic charm and modern functionality. The eight-story building, constructed in 1912, boasts a total of 81,000 square feet of space, currently featuring multiple tenants. A significant opportunity exists with 17,200 square feet of vacant space available, divisible into units as small as 6,700 square feet, with a maximum contiguous space of 10,500 square feet. Ideal for a variety of retail or restaurant uses, the property's location in Milwaukee County, Wisconsin, provides excellent visibility and accessibility. The building's prime location offers the added benefit of a riverfront patio, perfect for outdoor dining or events. This is a rare chance to secure a substantial space in a highly desirable downtown Milwaukee location, within a building rich in history and character. The available space is adaptable to suit a range of business needs, making it an attractive investment for both established businesses and new ventures. The address is 740 N Plankinton Ave, Milwaukee, WI 53203. This property presents a compelling opportunity to establish a thriving business in a vibrant urban setting. The building's size and layout offer flexibility for various configurations, catering to diverse business requirements. Don't miss this chance to secure a prominent presence in Milwaukee's dynamic commercial landscape.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1912
Total area 81,865 SF
Lot 0.79 ac (34,627 SF)
Zoning code C9E
APN 392-2431-000
UPID US92-0336431
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
  • Leib & Katt, LLC Law Firm Insurance Agency
  • Integrated Time Systems (Bike/Boat/Book/etc) Store Corporate Office
  • Milwaukee Mustangs Nightclub Music Venue
  • Gregory E. Erchull, Attorney at Law Law Firm
  • Douglas F. Mann – Attorney at Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.52M
Blend (final) Blend
$6.84M
Owner & transaction history
740 Plankinton LLC · 5 yrs held
740 Plankinton LLC
since 2021
Last sale
$5.8M
2 recorded transactions
2021
$5.8M
2007
Price N/A
Zoning & alternative use
C9E · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $10.4M +60.5%
Auto repair, garage $9.8M +50.6%
Retail stores $8.8M +35.8%
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