310 Wisconsin AveMilwaukee, WI 53203
- Office properties
- 753,600 SF
Property Details for 310 Wisconsin Ave
- Year built
- 1982
- Lot size
- 2.23 AC
- Property size (Sq ft)
- 753,600 SF
- Zone code
- C9E
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 361-0664-113
- APU
- 3610664113
Description
This exceptional commercial property at 310 W. Wisconsin Avenue in Milwaukee, Wisconsin, offers a unique opportunity for retail and restaurant businesses. The building boasts a total of 573,786 square feet spread across 14 stories, with multiple tenancy options available. Spaces range from a minimum of 1,601 square feet to a maximum contiguous space of 5,062 square feet, with 12,320 square feet currently vacant. The property includes a 606-stall covered parking deck, providing ample parking at a rate of one space per 1,000 square feet. Its prime downtown location offers unparalleled access to high foot traffic, situated near The Avenue, the Wisconsin Center, and the Milwaukee Bucks Deer District. The building benefits from its proximity to major attractions and a large daytime population, including nearby apartments, the 3rd Street Market Hall, HUB640, the Milwaukee Symphony Orchestra, and the Fiserv headquarters. A multimillion-dollar renovation is currently underway, enhancing the property's appeal and functionality. The plaza area hosts Milwaukee's annual night market from June to September. Convenient skywalks connect the building to parking garages, The Avenue, SpringHill Suites, and the Hyatt Hotel. Existing area tenants include well-known brands such as TJ Maxx, Walgreens, and Foot Locker, further solidifying the location's desirability. This is an exceptional opportunity to establish a presence in a thriving Milwaukee downtown location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $136,071,424
- 6.5%
- $125,604,392
- 7%
- $116,632,648
-
Comparable approach
- Method
- Valuation
- Relative Method
- $76,507,872
- Geo Method
- $98,156,400
-
Alternative Use
- Use
- Valuation
- Residential
- $155,749,440
- Hospitality
- $142,665,648
- Educational
- $118,696,152
- Medical
- $122,778,296
- Retail
- $184,638,464
Location Insight
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Latitude
- 43.0394
- Longitude
- -87.9152
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].