1241 North Water Street, Milwaukee, WI 53202 For Sale

Exceptional redevelopment opportunity in the heart of Milwaukee's vibrant downtown entertainment district. Located at 1241 N. Water Street, this highly visible property offers endless possibilities for investors, developers, restaurateurs, and hospitality operators.

Formerly home to a silversmith shop, the building has been taken down to the studs and was in the process of being transformed into a bar and entertainment venue. Existing improvements provide a blank canvas for a variety of commercial uses including restaurant, tavern, nightclub, retail, office, mixed-use development, or creative adaptive reuse.

The ownership is flexible and open to multiple scenarios, including:

• Purchase and complete the existing redevelopment concept

• Long-term lease for a qualified operator

• Redevelopment or repositioning for an alternative commercial use

• Potential tear-down and build-to-suit opportunity subject to municipal approvals

Positioned on one of Milwaukee's most recognizable entertainment corridors, the property benefits from exceptional visibility, strong pedestrian traffic, nearby residential density, and convenient access to downtown attractions, nightlife, hotels, and major employers.

This is a rare opportunity to secure a premier Water Street location with flexible acquisition and development options. Ownership is inviting qualified buyers, tenants, and developers to submit proposals and offers.

Recent improvements include tear off roof with new plywood sheathing.