1300 E Locust St
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Investment Highlights
- 1300 E Locust Street is a single-story, 8,719-square-foot freestanding retail property located in the eclectic Riverwest neighborhood.
- Steps from the Milwaukee River, providing scenic views and direct access to several river trails and expansive local parks.
- Investors benefit from the property's strategic position, strong community and consumer base, and proximity to the downtown area and the university.
- Nestled just southeast of the University of Wisconsin-Milwaukee, making it a popular neighborhood for students and university faculty.
- Incredibly well-connected by Milwaukee’s bus system and major area thoroughfares, ensuring convenient connections in and around town.
Executive Summary
1300 E Locust Street offers the rare opportunity to own a freestanding retail property in the heart of Milwaukee's Riverwest neighborhood, known for its eclectic, artsy vibe, and strong sense of community. This single-story, 8,719-square-foot building boasts a classic brick façade accentuated by a welcoming storefront. 1300 E Locust Street presents an ideal opportunity for owners/users looking to open up shop in a burgeoning market or investors seeking to expand their retail portfolio.
The property's prime location near the main corridor of N Humboldt Boulevard grants it superior connectivity and visibility, enhancing its efficacy for a wide range of retail uses. 1300 E Locust Street is central to the neighborhood's lively cultural atmosphere, providing easy access to public transportation and a strong local consumer base. Situated on a spacious 0.55-acre site, the property has ample parking for employees and shoppers.
Milwaukee's vibrant Riverwest neighborhood stretches along the Milwaukee River. It is a dynamic area populated by artists, musicians, creative entrepreneurs, and students directly across the river from the University of Wisconsin-Milwaukee. This area offers a unique collection of charming cafes, boutiques, and bars while hosting a variety of festivals like Center Street Daze, the Riverwest Art Walk, and the Riverwest 24 bike race. Riverwest is conveniently located just north of the downtown area and east of Lake Michigan, a central spot that allows for easy access to most parts of Milwaukee and only 95 miles from Chicago. Take advantage of exceptional visibility and a sought-after destination in Riverwest at 1300 E Locust Street.
The property's prime location near the main corridor of N Humboldt Boulevard grants it superior connectivity and visibility, enhancing its efficacy for a wide range of retail uses. 1300 E Locust Street is central to the neighborhood's lively cultural atmosphere, providing easy access to public transportation and a strong local consumer base. Situated on a spacious 0.55-acre site, the property has ample parking for employees and shoppers.
Milwaukee's vibrant Riverwest neighborhood stretches along the Milwaukee River. It is a dynamic area populated by artists, musicians, creative entrepreneurs, and students directly across the river from the University of Wisconsin-Milwaukee. This area offers a unique collection of charming cafes, boutiques, and bars while hosting a variety of festivals like Center Street Daze, the Riverwest Art Walk, and the Riverwest 24 bike race. Riverwest is conveniently located just north of the downtown area and east of Lake Michigan, a central spot that allows for easy access to most parts of Milwaukee and only 95 miles from Chicago. Take advantage of exceptional visibility and a sought-after destination in Riverwest at 1300 E Locust Street.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,719 SF
Building Class
C
Year Built/Renovated
1962/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.55 AC
Zoning
N-S2
Parking
35 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
80 FT on E Locust
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
University of Wisconsin-Milwaukee campus is less than a mile from the property.
Space | Size | Space Use | Position | Available |
1st Floor | 8,719 SF | Retail | - | 60 Days |
1st Floor
Size |
8,719 SF |
Space Use |
Retail |
Position |
- |
Available |
60 Days |
1st Floor
Size | 8,719 SF |
Space Use | Retail |
Position | - |
Available | 60 Days |
University of Wisconsin-Milwaukee campus is less than a mile from the property.
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (71)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
34,272
158,387
335,725
606,292
2029 Population
33,555
156,597
331,112
595,779
2024-2029 Projected Population Growth
-2.1%
-1.1%
-1.4%
-1.7%
Median Age
30.4
32.0
32.7
34.7
College Degree + Higher
44%
41%
31%
20%
Daytime Employees
18,329
125,052
195,253
318,852
Total Businesses
1,205
9,930
17,080
33,540
Average Household Income
$69,428
$76,584
$68,106
$74,033
Median Household Income
$47,559
$48,709
$42,999
$50,911
Total Consumer Spending
$374.7M
$1.7B
$3.2B
$6.2B
2024 Households
16,105
72,409
142,104
252,417
Average Home Value
$291,079
$306,905
$249,348
$243,259
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Sticky Rice MKE | Thai | $$$ | 5 min walk |
Scardina Specialties | Sandwiches | $ | 9 min walk |
Uptowner | American | $$$ | 9 min walk |
Cousins Subs | - | - | 9 min walk |
Big Daddy's Bbq And Soul Food | Southern | $$$ | 9 min walk |
Cold Stone Creamery | - | - | 9 min walk |
Oakland Gyros | Greek | $$$ | 9 min walk |
Shiraz Persian Grill | Grill | $$ | 9 min walk |
The Black Rose | Irish | $$ | 10 min walk |
Subway | - | - | 9 min walk |
Retail |
||
---|---|---|
Do it Best | Hardware | 8 min walk |
Goodwill | Dollar/Variety/Thrift | 10 min walk |
Walgreens | Drug Store | 10 min walk |
7-Eleven | Convenience Market | 17 min walk |
Hotels |
|
---|---|
Autograph Collection |
207 rooms
7 min drive
|
aloft Hotel |
160 rooms
7 min drive
|
Residence Inn |
131 rooms
9 min drive
|
Holiday Inn Express |
116 rooms
9 min drive
|
Cambria Hotels |
132 rooms
9 min drive
|
Sale Advisor
Christian Nacorda, Leasing Associate
(407) 999-9985 x2929
Contact
Christian joined Unicorp in 2020 as a Leasing Associate. Working in tandem with the Director of Leasing, Christian works closely on leasing Unicorp’s commercial properties. He graduated from Florida State University with a BS in Marketing and a minor in Business Analytics.
Prior to joining Unicorp, Christian interned at a Commercial Real Estate Mortgage & Investment Banking firm. There he identified market trends and monitored/analyzed financial portfolios and properties. In his free time, you’ll find him on the lake, or enjoying the adrenaline rush of extreme sports.
Prior to joining Unicorp, Christian interned at a Commercial Real Estate Mortgage & Investment Banking firm. There he identified market trends and monitored/analyzed financial portfolios and properties. In his free time, you’ll find him on the lake, or enjoying the adrenaline rush of extreme sports.
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1300 E Locust St
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