130 Bruce StMilwaukee, WI 53204

  • Mixed-use properties
  • 29,734 SF
For Lease
$15/SF/YR View listing

Property Details for 130 Bruce St

Year built
2011
Lot size
0.15 AC
Property size (Sq ft)
29,734 SF
Zone code
IM
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
428-0417-000
APU
4280417000

Description

The Clock Shadow Building, a 24,068 square foot, four-story office building located at 130 W Bruce St, Milwaukee, WI 53204 (cross street: S 2nd Street), offers a unique 4,970 square foot office space for lease. Built in 2012, this LEED-certified building boasts a blend of traditional and creative office space, perfect for a variety of businesses. The available suite is the entire remaining space within the building, offering maximum flexibility and privacy. The building features a single suite, currently vacant, and is situated in the vibrant 2nd Street/Walker's Point neighborhood. This development, valued at $7,250,000, prioritized economic stability, environmental responsibility, social equality, and cultural preservation during its construction. Sustainable practices included minimizing waste and reusing materials. The building's notable tenants include the Clock Shadow Creamery, Aurora Health Care Clinic, and CORE-El Centro. A communal green roof with a community garden adds to the building's unique character and commitment to sustainability. This exceptional opportunity provides a chance to be part of a thriving, community-focused development in a prime Milwaukee location. The minimum divisible space is 4,970 square feet, and the maximum contiguous space available is also 4,970 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,368,826
    6.5%
    $4,955,840
    7%
    $4,601,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,018,690
    Geo Method
    $3,872,854
  • Alternative Use

    Use
    Valuation
    Residential
    $6,145,242
    Hospitality
    $5,629,008
    Educational
    $4,683,269
    Medical
    $4,844,334
    Retail
    $7,285,085
130 Bruce St, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0254
Longitude
-87.9122
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
$64,516
$51,200
$2,658,400
$2,709,600
-
$51,200
$2,658,400
$2,709,600

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