250 Wisconsin AveMilwaukee, WI 53202

Property Details for 250 Wisconsin Ave

Year built

1973

Lot size

0.31 AC

Property size (Sq ft)

193,031 SF

Zone code

C9F(B)

Property type

Office properties

Property subtype

Office buildings

APN

392-2951-000

APU

3922951000

Description

Two Fifty, located at 250 E Wisconsin Ave in Milwaukee, WI 53202, offers 57,177 square feet of vacant executive office space within a 20-story building totaling 204,157 square feet. Built in 1973 and extensively renovated in 2016, this property boasts a modern lobby, tenant lounge, onsite training center, and fitness center. The building provides ample parking (2 spaces per 1,000 square feet) in a controlled structure, and is conveniently located in Milwaukee's Downtown East submarket, offering easy access to the Milwaukee Skywalk and streetcar. Units range from a minimum of 1,166 square feet to a maximum contiguous space of 16,170 square feet, making it suitable for a variety of business needs. The building's prime location along E. Wisconsin Ave. and its comprehensive amenities create a flexible and convenient work environment. Milwaukee County ownership ensures a high level of service and building maintenance. This exceptional property presents a unique opportunity for businesses seeking a modern and well-appointed office space in a vibrant urban setting.

• CAP approach

  CAP return

  Valuation

  6%

  $34,854,040

  6.5%

  $32,172,958

  7%

  $29,874,890

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,597,122

  Geo Method

  $25,142,288

• Alternative Use

  Use

  Valuation

  Residential

  $39,894,468

  Hospitality

  $36,543,120

  Educational

  $30,403,446

  Medical

  $31,449,066

  Retail

  $47,294,248

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0393

Longitude

-87.9083

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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