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207 E Lincoln Ave 98 725 pi² Industriel Immeuble Milwaukee, WI 53207 3 116 543 $ CAD (31,57 $ CAD/pi²)
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Faits saillants de l'investissement
- Prime Bay View infill location offering exceptional walkability, proximity to Downtown Milwaukee, and strong long-term renter demand.
- Potential alignment for TIF support and municipal incentives due to redevelopment of an underutilized industrial site.
- Test-fit supports a 156-unit Class A multifamily development, achieving market-supported density and efficient scale.
- Limited supply of large-scale development parcels in Bay View enhances long-term value and supports strong developer interest.
Résumé de l'annonce
The offering consists of a rare 1.21-acre infill multifamily development site located at 207 E Lincoln Avenue in Milwaukee’s Bay View neighborhood. Positioned within one of the
city’s most sought-after residential districts, the site benefits from exceptional walkability, direct connectivity to Downtown Milwaukee, and immediate access to established retail, restaurants, and daily-needs services. Its IO2 zoning, strong surrounding demographics, and proximity to employment hubs support a clear highest-and-best-use as a high density Class A multifamily development.
Based on Colliers’ development underwriting, the site could support approximately 130- 170 units of housing with a Zoning Map change, depending on the multifamily zoning
district, consistent with recent submarket densities and aligned with current developer expectations in Milwaukee County. Market-supported rents, strong absorption trends,
and robust demand for new product in Bay View position the site for accelerated lease-up and long-term operating stability.
The property’s scale, location, and competitive rent profile create an opportunity for investors and developers to deliver a marquee multifamily community in a neighborhood
with limited remaining large-parcel development sites.
city’s most sought-after residential districts, the site benefits from exceptional walkability, direct connectivity to Downtown Milwaukee, and immediate access to established retail, restaurants, and daily-needs services. Its IO2 zoning, strong surrounding demographics, and proximity to employment hubs support a clear highest-and-best-use as a high density Class A multifamily development.
Based on Colliers’ development underwriting, the site could support approximately 130- 170 units of housing with a Zoning Map change, depending on the multifamily zoning
district, consistent with recent submarket densities and aligned with current developer expectations in Milwaukee County. Market-supported rents, strong absorption trends,
and robust demand for new product in Bay View position the site for accelerated lease-up and long-term operating stability.
The property’s scale, location, and competitive rent profile create an opportunity for investors and developers to deliver a marquee multifamily community in a neighborhood
with limited remaining large-parcel development sites.
Faits sur la propriété
| Prix | 3 116 543 $ CAD | Taille du lot | 1,21 AC |
| Prix par pi² | 31,57 $ CAD | Aire du bâtiment louable | 98 725 pi² |
| Type de vente | Investissement | Nombre d’étages | 2 |
| Condition de vente | Projet de redéveloppement | Année de construction | 1956 |
| Type de propriété | Industriel | Location | Unique |
| Sous-type de propriété | Manufacture | Ratio de stationnement | 0,22/1 000 pi² |
| Classe d’immeuble | C | Nbre d’entrées dans les portes/au niveau du sol | 1 |
| Zonage | IO2 - Industrial-Office District | ||
| Prix | 3 116 543 $ CAD |
| Prix par pi² | 31,57 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Type de propriété | Industriel |
| Sous-type de propriété | Manufacture |
| Classe d’immeuble | C |
| Taille du lot | 1,21 AC |
| Aire du bâtiment louable | 98 725 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1956 |
| Location | Unique |
| Ratio de stationnement | 0,22/1 000 pi² |
| Nbre d’entrées dans les portes/au niveau du sol | 1 |
| Zonage | IO2 - Industrial-Office District |
Commodités
- Affichage
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 499-1401-100-X | Évaluation des bâtiments | 596 193 $ CAD |
| Évaluation du terrain | 182 635 $ CAD | Évaluation totale | 778 828 $ CAD |
Impôts fonciers
Numéro de lot
499-1401-100-X
Évaluation du terrain
182 635 $ CAD
Évaluation des bâtiments
596 193 $ CAD
Évaluation totale
778 828 $ CAD
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