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32049954
32049955

207 E Lincoln Ave, Milwaukee, WI 53207

AC
WI WI 69302-94
Colliers - Milwaukee, Wisconsin
GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin
$2,750,000
36 days on market
Updated 36 days ago

Bay View Redevelopment Opportunity

Details
APN 499-1401-100
Property Type Industrial, Land
Sub Type Residential, Commercial (+1)
Square Footage 98,725
Tenancy Vacant
Acreage 1.210
Zoning IO2
Investment Type Redevelopment

Industrial | 98,725 SqFt

Marketing description

The offering consists of a rare 1.21-acre infill multifamily development site located at 207 E Lincoln Avenue in Milwaukee's Bay View neighborhood. Positioned within one of the city's most sought-after residential districts, the site benefits from exceptional walkability, direct connectivity to Downtown Milwaukee, and immediate access to established retail, restaurants, and daily-needs services. Its IO2 zoning, strong surrounding demographics, and proximity to employment hubs support a clear highest-and-best-use as a highdensity Class A multifamily development.

Based on Colliers' development underwriting, the site could support approximately 130-170 units of housing with a Zoning Map change, depending on the multifamily zoning district, consistent with recent submarket densities and aligned with current developer expectations in Milwaukee County. Market-supported rents, strong absorption trends, and robust demand for new product in Bay View position the site for accelerated lease-up and long-term operating stability.

The property's scale, location, and competitive rent profile create an opportunity for investors and developers to deliver a marquee multifamily community in a neighborhood with limited remaining large-parcel development sites.

Investment highlights

  • Prime Bay View infill location offering exceptional walkability, proximity to Downtown Milwaukee, and strong long-term renter demand
  • Test-fit supports a 156-unit Class A multifamily development, achieving market-supported density and efficient scale
  • Potential alignment for TIF support and municipal incentives due to redevelopment of an underutilized industrial site
  • Limited supply of large-scale development parcels in Bay View enhances long-term value and supports strong developer interest

Listing Contacts

AC
WI WI 69302-94
Colliers - Milwaukee, Wisconsin
GA
WI 111994 - 94
Colliers - Milwaukee, Wisconsin
JE
WI 48337-90
Colliers - Milwaukee, Wisconsin
Colliers - Milwaukee, Wisconsin
Listed by Colliers - Milwaukee, Wisconsin

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Additional Information

Name
Adam Connor
License
WI 69302-94
Brokerage Phone
(414) 276-9500
Brokerage Address
833 East Michigan Street
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.
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