www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27284244

530 N Water St, Milwaukee, WI 53202 For Sale

GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin
$2,500,000
298 days on market
Updated 102 days ago

530 N Water Street

Details
APN 392-0662-000
Property Type Retail, Office
Sub Type Restaurant, Executive Office (+2)
Square Footage 10,000
Units 2
Cap Rate 9.60%
Occupancy 100%
Tenancy Multi
Year Built 1947
Stories 2
Acreage 0.110
Zoning Commercial - Central Business

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)

Listing Contacts

GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Gregory Anderson
License
111994 - 94
Brokerage Phone
5202756440
Title
Investment Sales Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591