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The Clock Tower Building 2252-2266 N Prospect Ave 88,379 SF 95% Leased Office Building Milwaukee, WI 53202 $5,511,040 CAD ($62.36 CAD/SF) 6.58% Cap Rate

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EXECUTIVE SUMMARY

Milwaukee Executive Realty is pleased to present The Clock Tower, an 88,379 SF office building in Milwaukee, WI. The Clock Tower consists of a six-story multi-tenant office and retail building situated on approximately 0.74 acres. Built in 1924 as a Coakley Brothers warehouse, the property features masonry construction and an ample parking ratio of 1.59 spaces per 1,000 SF. The building is currently 93% occupied by RSF. The Property is ideally-located in the heart of Milwaukee's East Side neighborhood.

ATTACHMENTS

Clock Tower OM

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
88,379 SF
Building Class
B
Year Built
1924
Price
$5,511,040 CAD
Price Per SF
$62.36 CAD
Cap Rate
6.58%
NOI
$362,550 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
14,729 SF
Slab To Slab
10’
Building FAR
2.74
Lot Size
0.74 AC
Zoning
LB2
Parking
131 Spaces (2 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Property Manager on Site
  • Signage
  • Direct Elevator Exposure

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 204E
  • 360 SF
  • Office
  • -
  • Now

This office is within a shared common area. It has windows overlooking North Avenue. Management and Security are on site.

  • 2nd Fl-Ste 204F
  • 360 SF
  • Office
  • Partial Build-Out
  • Now

Interior Unit, Freight elevator, management on site

  • 3rd Fl-Ste 316
  • 290 SF
  • Office
  • -
  • Now

Fully interior unit, but lots of space for the price. Security and management on site. Freight elevator to assist with moving in and out.

  • 3rd Fl-Ste 326
  • 1,000 SF
  • Office
  • -
  • Now

Large suite with six offices and a reception area. Well-suited for businesses with a need for multiple offices within a shared space. Management and Security on site.

  • 4th Fl-Ste 400
  • 650 SF
  • Office
  • -
  • Now

Large office space in the Clock Tower with windows overlooking North Avenue. Property management and security on site. Freight elevator available for move-in/out assistance.

  • 4th Fl-Ste 410
  • 160 SF
  • Office
  • -
  • Now
  • 4th Fl-Ste 412
  • 140 SF
  • Office
  • -
  • Now
  • 4th Fl-Ste 415
  • 130 SF
  • Office
  • -
  • Now
  • 4th Fl-Ste 425
  • 125 SF
  • Office
  • -
  • Now
  • 4th Fl-Ste 430
  • 115 SF
  • Office
  • Full Build-Out
  • Now

Exterior Window, Freight elevator available for moving in/out, management on site.

  • 4th Fl-Ste 450A
  • 130 SF
  • Office
  • Partial Build-Out
  • Now

Exterior Window, Management on site, freight elevator available for moving in/out.

  • 5th Fl-Ste 505B
  • 90 SF
  • Office
  • Partial Build-Out
  • Now

Shares a commons, exterior window, management on site, freight elevator available for moving in/out.

  • 5th Fl-Ste 506
  • 1,000 SF
  • Office
  • -
  • Now

One of our largest offices is coming available at the Clock Tower. Featuring a large main room and three private offices, this space is perfect for the growing small business. It is in close proximity to the elevators and bathrooms. We have parking spaces available for rent as well for a small monthly fee. Come see it before it's gone.

  • 6th Fl-Ste 606F
  • 85 SF
  • Office
  • -
  • Now

Shares a commons, management and security on site, freight elevator available for moving in/out.

  • 6th Fl-Ste 606G
  • 126 SF
  • Office
  • -
  • Now

Shares a commons, management and security on site, freight elevator available for moving in/out.

Space Size Space Use Condition Available
2nd Fl-Ste 204E 360 SF Office - Now
2nd Fl-Ste 204F 360 SF Office Partial Build-Out Now
3rd Fl-Ste 316 290 SF Office - Now
3rd Fl-Ste 326 1,000 SF Office - Now
4th Fl-Ste 400 650 SF Office - Now
4th Fl-Ste 410 160 SF Office - Now
4th Fl-Ste 412 140 SF Office - Now
4th Fl-Ste 415 130 SF Office - Now
4th Fl-Ste 425 125 SF Office - Now
4th Fl-Ste 430 115 SF Office Full Build-Out Now
4th Fl-Ste 450A 130 SF Office Partial Build-Out Now
5th Fl-Ste 505B 90 SF Office Partial Build-Out Now
5th Fl-Ste 506 1,000 SF Office - Now
6th Fl-Ste 606F 85 SF Office - Now
6th Fl-Ste 606G 126 SF Office - Now

2nd Fl-Ste 204E

Size
360 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 204F

Size
360 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 316

Size
290 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 326

Size
1,000 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 400

Size
650 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 410

Size
160 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 412

Size
140 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 415

Size
130 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 425

Size
125 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 430

Size
115 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 450A

Size
130 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Fl-Ste 505B

Size
90 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Fl-Ste 506

Size
1,000 SF
Space Use
Office
Condition
-
Available
Now

6th Fl-Ste 606F

Size
85 SF
Space Use
Office
Condition
-
Available
Now

6th Fl-Ste 606G

Size
126 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 204E

Size 360 SF
Space Use Office
Condition -
Available Now

This office is within a shared common area. It has windows overlooking North Avenue. Management and Security are on site.

2nd Fl-Ste 204F

Size 360 SF
Space Use Office
Condition Partial Build-Out
Available Now

Interior Unit, Freight elevator, management on site

3rd Fl-Ste 316

Size 290 SF
Space Use Office
Condition -
Available Now

Fully interior unit, but lots of space for the price. Security and management on site. Freight elevator to assist with moving in and out.

3rd Fl-Ste 326

Size 1,000 SF
Space Use Office
Condition -
Available Now

Large suite with six offices and a reception area. Well-suited for businesses with a need for multiple offices within a shared space. Management and Security on site.

4th Fl-Ste 400

Size 650 SF
Space Use Office
Condition -
Available Now

Large office space in the Clock Tower with windows overlooking North Avenue. Property management and security on site. Freight elevator available for move-in/out assistance.

4th Fl-Ste 430

Size 115 SF
Space Use Office
Condition Full Build-Out
Available Now

Exterior Window, Freight elevator available for moving in/out, management on site.

4th Fl-Ste 450A

Size 130 SF
Space Use Office
Condition Partial Build-Out
Available Now

Exterior Window, Management on site, freight elevator available for moving in/out.

5th Fl-Ste 505B

Size 90 SF
Space Use Office
Condition Partial Build-Out
Available Now

Shares a commons, exterior window, management on site, freight elevator available for moving in/out.

5th Fl-Ste 506

Size 1,000 SF
Space Use Office
Condition -
Available Now

One of our largest offices is coming available at the Clock Tower. Featuring a large main room and three private offices, this space is perfect for the growing small business. It is in close proximity to the elevators and bathrooms. We have parking spaces available for rent as well for a small monthly fee. Come see it before it's gone.

6th Fl-Ste 606F

Size 85 SF
Space Use Office
Condition -
Available Now

Shares a commons, management and security on site, freight elevator available for moving in/out.

6th Fl-Ste 606G

Size 126 SF
Space Use Office
Condition -
Available Now

Shares a commons, management and security on site, freight elevator available for moving in/out.

Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
356-0215-100-8
Land Assessment
$1,353,332 CAD
Improvements Assessment
$3,787,925 CAD
Total Assessment
$5,141,257 CAD
  • Listing ID: 35162258

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: 2252-2266 N Prospect Ave, Milwaukee, WI 53202

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