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James Conroy Building 725-729 N Milwaukee St

15,708 SF 48% Leased Retail Building Milwaukee, WI 53202 $3,300,000 ($210/SF) 7.70% Cap Rate

Mixed Use Properties Wisconsin Milwaukee 725-729 N Milwaukee St, Milwaukee, WI 53202

Executive Summary

PRIME DOWNTOWN MILWAUKEE PROPERTY
Located in Downtown Milwaukee's Central Business & Entertainment District, steps from The Pfister Hotel.
Property is eligible for historic tax credits. Carbon Steak restaurant and Lucid nightclub current anchor tenants. Potential to lease or occupy upper floors after acquisition (pro forma NOI of $254,000 with upper floors leased). Second and Third floor units residential value-add opportunity. Lender appraised for $3.3M in 2022. New roof 2021. Please contact for additional information or alternative proposals. Bell Super LLC.

Property Facts Under Contract

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,708 SF
Building Class
B
Year Built
1881
Price
$3,300,000
Price Per SF
$210
Cap Rate
7.70%
NOI
$254,100
Percent Leased
48%
Tenancy
Multiple
Building Height
4 Stories
Zoning
C9F(C)
Parking
5 Spaces (0.31 Spaces per 1,000 SF Leased)
Frontage
68 FT on Milwaukee St

Amenities

  • Bus Line
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Carbon Steak
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Carbon Steak Accommodation and Food Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd & 3rd
  • 8,200 SF
  • Office/Retail
  • -
  • Now

8,200SF FOR $4,000/MONTH ($5/SF)! Second & Third Floor. Rent includes expenses. Approximately 8,200SF. Street entrance to grand staircase. No elevator. Sauna and steam shower. Large windows. Office/Retail/Medical use. Located in Downtown Milwaukee's Central Business & Entertainment District, steps from The Pfister Hotel. Please contact for additional information. Bell Super LLC

Space Size Space Use Position Available
2nd & 3rd 8,200 SF Office/Retail - Now

2nd & 3rd

Size
8,200 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd & 3rd

Size 8,200 SF
Space Use Office/Retail
Position -
Available Now

8,200SF FOR $4,000/MONTH ($5/SF)! Second & Third Floor. Rent includes expenses. Approximately 8,200SF. Street entrance to grand staircase. No elevator. Sauna and steam shower. Large windows. Office/Retail/Medical use. Located in Downtown Milwaukee's Central Business & Entertainment District, steps from The Pfister Hotel. Please contact for additional information. Bell Super LLC

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725-729 N Milwaukee St, Milwaukee, WI - aerial map view
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Chase
Planet Fitness
CIBC
BMO
Old National Bank
Burgerim
Starbucks
Benihana
WW
The Capital Grille
  • Prince Singh
    Prince Singh
  • Bell Super LLC
(414) 687-5136

  • Listing ID: 31753340

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 725-729 N Milwaukee St, Milwaukee, WI 53202

The Retail Property at 725-729 N Milwaukee St, Milwaukee, WI 53202 is currently available For Sale. Contact Bell Super LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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James Conroy Building | 725-729 N Milwaukee St
(414) 687-5136 x

James Conroy Building | 725-729 N Milwaukee St

Prince Singh

(414) 687-5136

(414) 687-5136

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