507 2Nd StMilwaukee, WI 53204

  • Warehouses
  • 130,900 SF
For Lease
$16.50/SF/YR View listing

Property Details for 507 2Nd St

Year built
1928
Lot size
0.64 AC
Property size (Sq ft)
130,900 SF
Zone code
IM
Property type
Warehouses
APN
428-0407-000
APU
4280407000

Description

The Eagleknit Building, located at 507 S 2nd St, Milwaukee, WI 53204, offers a unique opportunity for businesses seeking creative office space. This two-story building boasts a total of 84,000 square feet, currently entirely vacant and available for lease. The property is classified as both Creative Office and Retail, offering versatile options for tenants. Spaces are divisible down to a minimum of 1,000 square feet, with a maximum contiguous space of 50,000 square feet, allowing for flexibility to accommodate various business needs and sizes. Ample parking is provided with 200 spaces available for tenants and their clients. The building's prime location in Milwaukee offers excellent access to the city's amenities and transportation networks. This is an exceptional opportunity to secure a significant amount of high-quality, adaptable space in a vibrant urban setting. The building's flexible layout and substantial square footage make it ideal for a variety of businesses, from startups to established companies seeking expansion. Contact us today to learn more about leasing options and explore the possibilities of establishing your business at the Eagleknit Building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,053,612
    Hospitality
    $24,780,964
    Educational
    $20,617,472
    Medical
    $21,326,538
    Retail
    $32,071,622

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0259
Longitude
-87.913
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
$227,528
$224,000
$9,332,000
$9,556,000
-
$224,000
$9,332,000
$9,556,000

FAQs

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