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1300 E Locust St

8,719 SF Retail Building Milwaukee, WI 53212 For Sale

Investment Highlights

  • 1300 E Locust Street is a single-story, 8,719-square-foot freestanding retail property located in the eclectic Riverwest neighborhood.
  • Steps from the Milwaukee River, providing scenic views and direct access to several river trails and expansive local parks.
  • Investors benefit from the property's strategic position, strong community and consumer base, and proximity to the downtown area and the university.
  • Nestled just southeast of the University of Wisconsin-Milwaukee, making it a popular neighborhood for students and university faculty.
  • Incredibly well-connected by Milwaukee’s bus system and major area thoroughfares, ensuring convenient connections in and around town.

Executive Summary

1300 E Locust Street offers the rare opportunity to own a freestanding retail property in the heart of Milwaukee's Riverwest neighborhood, known for its eclectic, artsy vibe, and strong sense of community. This single-story, 8,719-square-foot building boasts a classic brick façade accentuated by a welcoming storefront. 1300 E Locust Street presents an ideal opportunity for owners/users looking to open up shop in a burgeoning market or investors seeking to expand their retail portfolio.

The property's prime location near the main corridor of N Humboldt Boulevard grants it superior connectivity and visibility, enhancing its efficacy for a wide range of retail uses. 1300 E Locust Street is central to the neighborhood's lively cultural atmosphere, providing easy access to public transportation and a strong local consumer base. Situated on a spacious 0.55-acre site, the property has ample parking for employees and shoppers.

Milwaukee's vibrant Riverwest neighborhood stretches along the Milwaukee River. It is a dynamic area populated by artists, musicians, creative entrepreneurs, and students directly across the river from the University of Wisconsin-Milwaukee. This area offers a unique collection of charming cafes, boutiques, and bars while hosting a variety of festivals like Center Street Daze, the Riverwest Art Walk, and the Riverwest 24 bike race. Riverwest is conveniently located just north of the downtown area and east of Lake Michigan, a central spot that allows for easy access to most parts of Milwaukee and only 95 miles from Chicago. Take advantage of exceptional visibility and a sought-after destination in Riverwest at 1300 E Locust Street.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,719 SF
Building Class
C
Year Built/Renovated
1962/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.55 AC
Zoning
N-S2
Parking
35 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
80 ft on E Locust

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,719 SF
  • Retail
  • -
  • 60 Days

University of Wisconsin-Milwaukee campus is less than a mile from the property.

Space Size Space Use Position Available
1st Floor 8,719 SF Retail - 60 Days

1st Floor

Size
8,719 SF
Space Use
Retail
Position
-
Available
60 Days

1st Floor

Size 8,719 SF
Space Use Retail
Position -
Available 60 Days

University of Wisconsin-Milwaukee campus is less than a mile from the property.

Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (71)
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.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
34,272
158,387
335,725
606,292
2029 Population
33,555
156,597
331,112
595,779
2024-2029 Projected Population Growth
-2.1%
-1.1%
-1.4%
-1.7%
Median Age
30.4
32.0
32.7
34.7
College Degree + Higher
44%
41%
31%
20%
Daytime Employees
18,329
125,052
195,253
318,852
Total Businesses
1,205
9,930
17,080
33,540
Average Household Income
$69,428
$76,584
$68,106
$74,033
Median Household Income
$47,559
$48,709
$42,999
$50,911
Total Consumer Spending
$374.7M
$1.7B
$3.2B
$6.2B
2024 Households
16,105
72,409
142,104
252,417
Average Home Value
$291,079
$306,905
$249,348
$243,259
$ values in USD

Nearby Amenities

Restaurants

Sticky Rice MKE Thai $$$ 5 min walk
Scardina Specialties Sandwiches $ 9 min walk
Uptowner American $$$ 9 min walk
Cousins Subs - - 9 min walk
Big Daddy's Bbq And Soul Food Southern $$$ 9 min walk
Cold Stone Creamery - - 9 min walk
Oakland Gyros Greek $$$ 9 min walk
Shiraz Persian Grill Grill $$ 9 min walk
The Black Rose Irish $$ 10 min walk
Subway - - 9 min walk

Retail

Do it Best Hardware 8 min walk
Goodwill Dollar/Variety/Thrift 10 min walk
Walgreens Drug Store 10 min walk
7-Eleven Convenience Market 17 min walk

Hotels

Autograph Collection
207 rooms
7 min drive
aloft Hotel
160 rooms
7 min drive
Residence Inn
131 rooms
9 min drive
Holiday Inn Express
116 rooms
9 min drive
Cambria Hotels
132 rooms
9 min drive

Sale Advisor

Sale Advisor

(407) 999-9985 x2929
Contact
Christian Nacorda, Leasing Associate
(407) 999-9985 x2929
Contact
Christian joined Unicorp in 2020 as a Leasing Associate. Working in tandem with the Director of Leasing, Christian works closely on leasing Unicorp’s commercial properties. He graduated from Florida State University with a BS in Marketing and a minor in Business Analytics.

Prior to joining Unicorp, Christian interned at a Commercial Real Estate Mortgage & Investment Banking firm. There he identified market trends and monitored/analyzed financial portfolios and properties. In his free time, you’ll find him on the lake, or enjoying the adrenaline rush of extreme sports.
  • Listing ID: 33868868

  • Date on Market: 2024-11-14

  • Last Updated:

  • Address: 1300 E Locust St, Milwaukee, WI 53212

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