228 1St StMilwaukee, WI 53204

  • Industrial properties
  • 36,000 SF
For Sale
$2,280,000 View listing

Property Details for 228 1St St

Year built
1892
Lot size
0.21 AC
Property size (Sq ft)
36,000 SF
Zone code
IM
Property type
Industrial properties
Property subtype
Other warehouses
APN
428-1112-000
APU
4281112000

Description

This exceptional 37,076 square foot Class B office building, located at 228 S 1st St in Milwaukee, Wisconsin's vibrant Walker's Point submarket (zip code 53204), offers a unique opportunity for businesses seeking flexible and stylish workspace. Completely renovated in 2021, the property is currently 100% vacant and available for immediate occupancy. The building is ideally suited for executive or creative office tenants, offering multiple tenancy options. Individual suites of 9,269 square feet are available, representing the minimum and maximum contiguous space currently available. This presents a rare chance to secure a substantial footprint in a highly desirable Milwaukee location. The building's location in Milwaukee County provides easy access to major transportation routes and a wealth of amenities. The property's modern design and recent renovation ensure a comfortable and productive work environment. This is a fantastic opportunity to establish a prominent presence in a thriving Milwaukee neighborhood. The building's traditional office features are complemented by its suitability for creative office uses, offering versatility for a wide range of businesses. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,440,260
    Hospitality
    $6,815,238
    Educational
    $5,670,198
    Medical
    $5,865,205
    Retail
    $8,820,308
228 1St St, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0286
Longitude
-87.9107
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
$22,651
$73,600
$877,708
$951,308
-
$73,600
$877,708
$951,308

FAQs

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