511 BroadwayMilwaukee, WI 53202

For Lease
$22/SF/YR View listing
  • Office buildings
  • 166,554 SF

Property Details for 511 Broadway

Year built
2021
Lot size
0.66 AC
Property size (Sq ft)
166,554 SF
Zone code
C9F(A)
Property type
Office buildings
APN
397-0681-000
APU
3970681000

Description

Located in Milwaukee's vibrant Historic Financial District, The Huron Building offers exceptional Class A office space. This six-story building, completed in 2020, boasts 163,000 square feet of total space, with multiple tenancy options ranging from 5,466 to 57,614 contiguous square feet. The building's design seamlessly blends contemporary aesthetics with the historic charm of its surroundings, maintaining the architectural integrity of the district while offering modern amenities. The Huron Building provides 240 interior parking spaces, supplemented by ample nearby surface lots, ensuring convenient parking for tenants and their clients. Situated at 511 N Broadway, Milwaukee, WI 53202, this property offers a prime location in the heart of Milwaukee's business and cultural scene. The building's strategic location within the Hi Fi District, a historically significant area known for its rich history and architectural significance, provides unparalleled access to Milwaukee's thriving commercial and cultural landscape. This is an exceptional opportunity to secure high-quality office space in a prestigious and historically significant location. The building's modern design and ample parking make it an ideal choice for businesses seeking a blend of historical charm and contemporary functionality. Multiple suite sizes are available to accommodate a variety of business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $30,073,302
    6.5%
    $27,759,970
    7%
    $25,777,116
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,909,092
    Geo Method
    $21,693,658
  • Alternative Use

    Use
    Valuation
    Residential
    $34,422,364
    Hospitality
    $31,530,700
    Educational
    $26,233,172
    Medical
    $27,135,372
    Retail
    $40,807,156
511 Broadway, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0367
Longitude
-87.908
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
$738,110
$1,728,700
$31,385,900
$33,114,600
-
$1,728,700
$31,385,900
$33,114,600

FAQs

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