158 BroadwayMilwaukee, WI 53202

  • Office buildings
  • 79,023 SF

Property Details for 158 Broadway

Year built
1907
Lot size
0.33 AC
Property size (Sq ft)
79,023 SF
Zone code
C9G
Property type
Office buildings
APN
392-1036-100
APU
3921036100

Description

This exceptional executive office space, located at 158 N Broadway in Milwaukee's vibrant Historic Third Ward, offers 2,115 square feet of immediately available space within a six-story building totaling 66,334 square feet. The property features a unique blend of traditional and modern design elements, showcasing beautiful Cream City brick and timber frame construction. The available suite boasts spacious private offices with upgraded light fixtures, glass panel doors, and transoms, creating a chic and professional atmosphere. The building also includes maker/flex spaces, ideal for creative businesses, featuring open layouts, stainless steel sinks (two to three basins), and even a tabletop spray paint booth in one unit. Street and area parking accommodations are available. This single-suite building is situated in Milwaukee County, Wisconsin, and offers flexible lease terms. The property's prime location in the Historic Third Ward provides easy access to local amenities and transportation. This is a rare opportunity to secure high-quality office space in a highly desirable and historic Milwaukee location. The building's unique character and modern amenities combine to create an inspiring and productive work environment. The available space is perfect for a business seeking a blend of style, functionality, and a central location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,268,541
    6.5%
    $13,170,961
    7%
    $12,230,178
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,022,666
    Geo Method
    $10,292,746
  • Alternative Use

    Use
    Valuation
    Residential
    $16,331,991
    Hospitality
    $14,960,016
    Educational
    $12,446,558
    Medical
    $12,874,614
    Retail
    $19,361,312

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0318
Longitude
-87.9066
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
$82,964
$34,600
$3,622,400
$3,657,000
-
$34,600
$3,622,400
$3,657,000

FAQs

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