200 Jefferson StMilwaukee, WI 53202

Property Details for 200 Jefferson St

Year built

1967

Lot size

0.28 AC

Property size (Sq ft)

12,612 SF

Zone code

C9G

Property type

Office buildings

APN

392-1150-100

APU

3921150100

Description

This exceptional 12,333-square-foot, two-story office building is situated in the vibrant Third Ward of Milwaukee County. Currently configured as a single-tenant space, it offers a unique opportunity for a business seeking a substantial and stylish headquarters. The building boasts a nearly identical layout on both levels, featuring an open concept design with custom sliding partition walls for flexible workspace configurations. Each floor includes a full kitchen, adding to the convenience and comfort of the space. A striking living moss wall adds a unique aesthetic touch, complementing the exposed brick walls and modern glass conference rooms. Ample parking is provided with 13 underground stalls (added in 2016) and 4 additional surface stalls located along the building's east side alley. The lower level also offers dedicated storage space and a conferencing room. The building's prominent location allows for monument signage, enhancing visibility and brand recognition. Furthermore, the property presents the potential for conversion into a multi-tenant configuration, offering future flexibility and expansion opportunities. Furniture and existing cabling are potentially available for a turnkey move-in experience. This is a rare opportunity to acquire a distinctive and well-appointed office space in a highly sought-after Milwaukee location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,580,880

  6.5%

  $2,382,350

  7%

  $2,212,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,280,410

  Geo Method

  $1,642,710

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,840,120

  Retail / Commercial

  $2,452,660

  Mixed-Use / Specialty

  $2,420,800

  Hospitality / Lodging

  $1,745,980

  Institutional / Educational

  $2,508,400

  Residential Income

  $2,934,830

  Multifamily

  $3,648,000

  Automotive / Energy

  $2,150,060

  Parking / Income-Based Land

  $764,792

  Restaurant / Food Service

  $1,209,750

  Healthcare / Senior Housing

  $2,506,190

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0331

Longitude

-87.9043

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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