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1245-1247 N Water St
Milwaukee, WI 53202
Restaurant / Riverview Offices · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Situated at a lighted intersection
  • Additional parking opportunity for sale nearby - Contact Broker
  • 5 surface parking spaces

EXECUTIVE SUMMARY

Located at 1245-1247 N Water Street in Milwaukee, Wisconsin, this property features first floor restaurant space with office space on the top three floors, totaling 12,566 square feet. Constructed in 1890, the building showcases Romanesque Revival architectural elements, with its original Cream City brick facade largely intact. This excellent downtown location provides walking access to numerous restaurants, entertainment venues, and the Milwaukee Riverwalk.
• Situated at the lighted intersection of N Water Street & E Knapp Street
• Additional Parking Opportunity - The parking lot at 1233 N Water Street just to the south of the building is also for sale. Contact Broker for details.
Building Size: 12,566 SF
Lot Size: 0.11 Acre
Stories: 4
Parking Spaces: 5 - Surface
Year Built: 1890
Zoning: RED - Redevelopment Zoning District
Parcel ID: 39221310008

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,566 SF
Building Class
C
Year Built
1890
Price
$1,744,900 CAD
Price Per SF
$138.86 CAD
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
12’
Building FAR
2.62
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
RED - Redevelopment Zoning District
Parking
5 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
30’ on N Water St

AMENITIES

  • Signalized Intersection
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
392-2131-000-8
Land Assessment
$336,556 CAD
Improvements Assessment
$1,899,847 CAD
Total Assessment
$2,236,403 CAD
  • Listing ID: 38555496

  • Date on Market: 2025-11-24

  • Last Updated:

  • Address: 1245-1247 N Water St, Milwaukee, WI 53202

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