1243 10Th StMilwaukee, WI 53205

  • Office buildings
  • 43,300 SF
For Lease

Property Details for 1243 10Th St

Year built
1891
Lot size
0.38 AC
Property size (Sq ft)
43,300 SF
Zone code
C9G
Property type
Office buildings
APN
362-0452-000
APU
3620452000

Description

This exceptional creative office space, located within the iconic Pabst Boiler House Building at 1243 N 10th St, Milwaukee, WI 53205, offers a unique opportunity for businesses seeking a distinctive and inspiring work environment. The building, classified as Class B, boasts a total of 40,774 square feet and is currently configured for multiple tenancies. One immediately available space of 2,677 square feet is perfectly suited for a variety of uses, representing the minimum divisible space and the maximum contiguous space currently available. The property's location in Milwaukee County places it within easy reach of the city's vibrant cultural scene, amenities, and transportation networks. The building's history adds to its character, offering a blend of industrial aesthetics and modern functionality. This is a rare chance to secure a space in a landmark building, ideal for companies seeking a unique and memorable address. The property type is listed as Retail and Office, with the specific subtype being Creative Office. Interested parties should note that the available space is 2,677 square feet. This space is part of a larger building with multiple tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,818,329
    6.5%
    $7,216,919
    7%
    $6,701,425
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,395,954
    Geo Method
    $5,639,825
  • Alternative Use

    Use
    Valuation
    Residential
    $8,948,980
    Hospitality
    $8,197,217
    Educational
    $6,819,988
    Medical
    $7,054,538
    Retail
    $10,608,871
1243 10Th St, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0468
Longitude
-87.9247
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$136,915
$397,500
$5,342,000
$5,739,500
-
$397,500
$5,342,000
$5,739,500

FAQs

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