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Airbnb Property for Sale within 50 kilometers of Greenfield, WI, USA

More details for 518-522 N Water St, Milwaukee, WI - Multifamily for Sale

The Bridgewater Building - 518-522 N Water St

Milwaukee, WI 53202

  • Airbnb Property
  • Multifamily for Sale
  • $3,098,656 CAD
  • 7,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Milwaukee Multifamily for Sale - Downtown East

The Bridgewater Building is a fully occupied, income-producing mixed-use asset in the heart of downtown Milwaukee’s most active urban corridor — National Register of Historic Places, built 1890, Walk Score 97. With 7 residential units and 4,912 SF of street-level commercial anchored by two tenants with one additional commercial unit currently vacant, the property offers an investor a rare combination of immediate yield and meaningful upside: residential rents average $253 below market on a comp set that supports $1,700/month one-bedrooms, and the single Airbnb-operated two-bedroom can be converted to a long-term lease or retained for premium short-term yield. Hines’ 333 North Water — a 333-unit luxury tower delivered two blocks away in 2024 — validates the submarket.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-06-22
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