626 Wisconsin AveMilwaukee, WI 53202

Property Details for 626 Wisconsin Ave

Year built

1929

Lot size

0.87 AC

Property size (Sq ft)

245,128 SF

Zone code

C9F(A)

Property type

Office buildings

APN

392-0923-111

APU

3920923111

Description

The Gas Light Building, a 20-story Class A Art Deco landmark, offers exceptional executive office space in the heart of Downtown Milwaukee. Built in 1930, this iconic building features a prestigious Wisconsin Avenue address and boasts breathtaking views of Lake Michigan, the Milwaukee Art Museum, and the vibrant city streetscape. Currently, there are multiple suites available, ranging from 1,227 to 4,595 contiguous square feet, with a total of 18,339 square feet currently vacant within the building's 133,984 total square feet. The minimum divisible space is 1,227 square feet, providing flexibility for businesses of various sizes. This historically significant building offers a unique blend of classic architecture and modern amenities. Convenient parking is readily available with two surface parking lots and a structured parking garage. The building's distinctive 21-foot weather beacon atop the building is a recognizable feature of the Milwaukee skyline. This is a rare opportunity to secure office space in one of Milwaukee's most desirable and iconic buildings.

• CAP approach

  CAP return

  Valuation

  6%

  $44,260,772

  6.5%

  $40,856,096

  7%

  $37,937,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,886,176

  Geo Method

  $31,927,922

• Alternative Use

  Use

  Valuation

  Residential

  $50,661,560

  Hospitality

  $46,405,716

  Educational

  $38,609,012

  Medical

  $39,936,832

  Retail

  $60,058,460

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0394

Longitude

-87.9035

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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