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Multi-Tenant/ Downtown Milwaukee 140 S 1st St

28,779 SF 84% Leased Office Building Milwaukee, WI 53204 $6,433,469 CAD ($224 CAD/SF)

Investment Highlights

  • Ample Parking: 19 underground Parking Spaces, 23 surface parking spaces with Parking Easement Agreement for 15 offsite surface parking spaces
  • +/- 196’ Frontage along 1st St, +/- 36’ along E. Seeboth and +/- 63’ along Pittsburgh Ave
  • Accessible off of both Pittsburgh Ave & Seeboth St

Executive Summary

Excellent investment opportunity.
3 story Multi-tenant office building with great visibility along 1st St (turns into Water St)
Rentable +/- 25,911 SF; +/- 28,779 SF Gross Building
First Floor main level: Fully Leased long term Tenants include Towne Bank, Chiropractor and Prestige Collective
Second Floor: Current Tenants: STIR Marketing, Nai'Allure coming soon. +/- 1400 sf corner suite with southern exposure .
Third Floor +/- 9,182 SF Fully Leased Long term tenant Complete Office/ Wisconsin-EBI
Ample Parking: 19 underground Parking Spaces, 23 surface parking spaces with Parking Easement Agreement for 15 offsite surface parking spaces
Exterior Building Signage subject to Municipal approval

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
28,779 SF
Building Class
B
Year Built
2007
Price
$6,433,469 CAD
Price Per SF
$224 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,593 SF
Slab To Slab
10’
Building FAR
1.10
Lot Size
0.60 AC
Zoning
IM - Ideal for Med/Pro Office use
Parking
42 Spaces (1.46 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Recessed Lighting
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 1,642 SF
  • -
  • Net
  • -

Chiropractic Company est le chiropraticien le plus important, le plus fiable et le mieux noté du Grand Milwaukee. Leurs médecins ont diverses spécialités et traitent une gamme complète de problèmes de santé

  • Retailer
  • 1,000 SF
  • -
  • -
  • -

Situé au 140 South 1st Street, près de la rivière, au bord de Walker's Point, East Town Women's Shop offre les meilleurs vêtements de revente pour femmes. Découvrez une vaste sélection de vêtements, chaussures, bijoux et autres accessoires de marque à une fraction du prix original.

  • Professional, Scientific, and Technical Services
  • 9,162 SF
  • -
  • Net
  • -

ODP Corporation (NASDAQ : ODP) est l'un des principaux fournisseurs de services commerciaux, de produits et de solutions technologiques numériques en milieu de travail pour les petites, moyennes et entreprises. ODP, qui exerce ses activités par l'entremise de ses filiales directes et indirectes, maintient une plateforme de distribution B2B entièrement intégrée, une présence en ligne et des milliers de professionnels dédiés aux ventes et aux services technologiques, le tout soutenu par ses installations de chaîne d'approvisionnement et ses opérations de livraison de calibre mondial. Grâce à ses marques de bannières Office Depot®, OfficeMax®, CompuCom® et Grand&Toy®, ainsi que d'autres, l'entreprise offre à ses clients les outils et les ressources dont ils ont besoin pour se concentrer sur leur passion du démarrage, de la croissance et de la gestion de leur entreprise.

  • Finance and Insurance
  • 2,600 SF
  • -
  • -
  • -

Town Bank, une banque communautaire Wintrust, compte 19 emplacements à Albany, Burlington, Darlington, Delafield, Elm Grove, Hartland, Lake Geneva, Madison, Menomonee Falls, Milwaukee, Monroe, Pewaukee, Pays de Galles, Walworth, Wind Lake, Delavan, Sharon et Clinton, Wisconsin. Elle offre une vaste gamme de services bancaires commerciaux et privés. Depuis sa création en 1998, l'actif de la banque a atteint plus de 1,5 milliard de dollars. Town Bank est une véritable banque communautaire ; elle est exploitée localement et les décisions concernant les taux, les produits et les approbations de prêts sont prises sur place. Les dépôts de la banque sont réinvestis dans la collectivité. Membre de la FDIC et prêteur Equal Housing.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 1,642 SF - Net -
Retailer 1,000 SF - - -
Professional, Scientific, and Technical Services 9,162 SF - Net -
Finance and Insurance 2,600 SF - - -
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (86)
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.®
  • Listing ID: 20693871

  • Date on Market: 2020-08-20

  • Last Updated:

  • Address: 140 S 1st St, Milwaukee, WI 53204

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