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530 N Water St
Milwaukee, WI 53202
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Situated in Milwaukee’s vibrant central business district, this property benefits from a high walk score and strong foot traffic.
  • Stabilized Asset – The property is currently at 100% occupancy, offering immediate cash flow from day one.
  • Prime downtown location with proximity to major employers, entertainment venues, restaurants, and public transit.
  • Downtown Milwaukee continues to experience robust demand for retail spaces, driven by ongoing urban development and population growth.

EXECUTIVE SUMMARY

Colliers | Wisconsin is pleased to present a rare opportunity to acquire 530 N Water Street, a well-maintained, fully occupied retail property located in the heart of Downtown Milwaukee. Comprised of approximately 10,000 square feet, the building features two retail units.
Ideally positioned along the highly trafficked Water Street corridor, the property benefits from exceptional visibility and walkability, with a Walk Score of 95, placing it within immediate proximity to major downtown attractions, office buildings, nightlife, public transportation, and the Milwaukee Riverwalk. This location continues to experience strong demand from commercial tenants looking to capitalize on the downtown foot traffic and local economic vitality.
Currently at 100% occupancy, 530 N Water Street offers investors in-place cash flow minimizing risk and ensuring income stability. The building’s strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation potential.
This asset is ideal for investors seeking a stable, income-producing property with upside potential in one of Milwaukee’s most sought-after and strategically important urban corridors.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1947
Price
$3,489,800 CAD
Price Per SF
$348.98 CAD
Cap Rate
9.60%
NOI
$335,021 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.11 AC
Zoning
Commercial - Commercial - Central Business
Frontage
67’ on Water St

AMENITIES

  • Signage
  • Listing ID: 37878043

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 530 N Water St, Milwaukee, WI 53202

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