530 N Water Street
Retail | 9.60% CAP | 10,000 SqFt
Marketing description
Colliers | Wisconsin is pleased to present a rare opportunity to acquire 530 N Water Street, a well-maintained, fully occupied retail property located in the heart of Downtown Milwaukee. Comprised of approximately 10,000 square feet, the building features two retail units.
Ideally positioned along the highly trafficked Water Street corridor, the property benefits from exceptional visibility and walkability, with a Walk Score of 95, placing it within immediate proximity to major downtown attractions, office buildings, nightlife, public transportation, and the Milwaukee Riverwalk. This location continues to experience strong demand from commercial tenants looking to capitalize on the downtown foot traffic and local economic vitality.
Currently at 100% occupancy, 530 N Water Street offers investors in-place cash flow minimizing risk and ensuring income stability. The building’s strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation potential.
This asset is ideal for investors seeking a stable, income-producing property with upside potential in one of Milwaukee’s most sought-after and strategically important urban corridors.
Investment highlights
- Prime Downtown Location – Situated in Milwaukee’s vibrant central business district, this property benefits from a high walk score, strong foot traffic, and proximity to major employers, entertainment venues, restaurants, and public transit
- Stabilized Asset – The property is currently at 100% occupancy, offering immediate cash flow from day one
- Strong Fundamentals – Downtown Milwaukee continues to experience robust demand for retail spaces, driven by ongoing urban development and population growth
- Building Size: 10,000 SF
- Lot Size: 0.11 Acres
- Property Mix: 2 Retail Units
- 2024 Taxes: $18,246 ($1.82 / SF)
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