Milwaukee, WI Commercial Real Estate for Lease and Sale

Explore 394 listings of Milwaukee commercial real estate to find the best space for your business.

The Dye House

320 East Buffalo Street, Historic Third Ward, Milwaukee, WI
Property

Office

124,192 SF
Availability

8 Spaces

28,754 SF
Year Built

1922
For Lease

$16.75/SF/YR
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Deer District

W. Juneau Avenue & N. 6th Street, Kilbourn Town, Milwaukee, WI
Property

Retail

81,923 SF
Availability

4 Spaces

53,368 SF
For Lease Contact for pricing
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Desirable East Side Location - Office Space

2524 E Webster Pl, Murray Hill, Milwaukee, WI
Property

Office
Availability

1 Space

4,412 SF
For Lease Contact for pricing
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Honey Creek Corporate Center IV
Regus
9000 West Chester Street #100, Milwaukee, WI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Office Coworking Retail Industrial

Office Retail Industrial Land
Former Walmart - Midtown Center

5825 W Hope Ave, Capitol Heights, Milwaukee, WI
Property

Industrial

161,022 SF
Availability

1 Space

161,022 SF
Year Built

2001
For Lease Contact for pricing
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8316-8350 N Steven Road

8316-8350 N Steven Rd, Granville Woods, Milwaukee, WI
Property

Industrial

25,558 SF
Year Built

1992
For Sale

$2,950,000
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8100 W Calumet Road - Development Land

8100 W Calumet Rd, Land Bank, Milwaukee, WI
Property

Other
For Sale

$12,000
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Monterey Park Corporate Center - Buildings A, B & C

5343 North 118th Court, Timmerman West, Milwaukee, WI
Property

Office

46,400 SF
Availability

8 Spaces

25,475 SF
Year Built

1989
For Lease

$10.00/SF/YR
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The Saddlery Building

233 North Water Street, Historic Third Ward, Milwaukee, WI
Property

Office

60,000 SF
Availability

8 Spaces

20,158 SF
Year Built

1896
For Lease

$25.50 - $28.50/SF/YR
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Walker’s Point Restaurant

217 W National Ave, Walker's Point, Milwaukee, WI
Property

Retail
Availability

1 Space

5,596 SF
For Lease Contact for pricing
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1028 E Juneau Ave

1028 E Juneau Ave, Yankee Hill, Milwaukee, WI
Property

Retail

4,430 SF
Availability

1 Space

4,430 SF
Year Built

1929
For Lease

$70,000.00/YR
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7822 W Capitol Dr

7822 W Capitol Dr, Arlington Gardens, Milwaukee, WI
Property

Retail

5,062 SF
Availability

1 Space

1,500 SF
Year Built

2001
For Lease

$25.00/SF/YR
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Blatz House Offices

252 East Highland Avenue, Juneau Town, Milwaukee, WI
Property

Office

54,318 SF
Availability

8 Spaces

38,209 SF
Year Built

1906
For Lease

$12.00 - $24.00/SF/YR
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11700 West Lake Park Drive

11700 West Lake Park Drive, Park Place, Milwaukee, WI
Property

Office

32,334 SF
Availability

8 Spaces

29,575 SF
Year Built

1986
For Lease Contact for pricing
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330 Kilbourn

330 E Kilbourn Avenue, Juneau Town, Milwaukee, WI
Property

Office
Availability

1 Space

25,507 SF
For Lease Contact for pricing
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Retail/Restaurant Space Near Downtown Milwaukee

2213 N Doctor M.L.K. Jr Dr, Halyard Park, Milwaukee, WI
Property

Retail
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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Phoenix Building

219 North Milwaukee Street, Historic Third Ward, Milwaukee, WI
Property

Office

135,000 SF
Availability

10 Spaces

46,926 SF
Year Built

1918
For Lease

$14.50/SF/YR
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2308 E Belleview Pl

2308 E Belleview Pl, Murray Hill, Milwaukee, WI
Property

Other

14,050 SF
For Sale

$993,000
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Hawley Ridge | Executive Office Space For Lease | Milwaukee, WI

912 N Hawley Road, Story Hill, Milwaukee, WI
Property

Office

79,023 SF
Availability

2 Spaces

2,080 SF
For Lease

$12.00 - $18.00/SF/YR
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4212 West Highland Blvd

4212 West Highland Blvd, Martin Drive, Milwaukee, WI
Property

Industrial

14,000 SF
Availability Contact for availability
Year Built

1912
For Lease Contact for pricing
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2677 N 40th St

2677 N 40th St, Sherman Park, Milwaukee, WI
Property

Other

24,662 SF
Availability

1 Space

24,662 SF
Year Built

1922
For Lease Contact for pricing
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MILL RUN BUSINESS CENTER

6601-6671 W Mill Rd, Menomonee River Hills East, Milwaukee, WI
Property

Industrial
Availability

1 Space

28,975 SF
For Lease Contact for pricing
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Tannery - Trade Center Building

647 West Virginia Street, Walker's Point, Milwaukee, WI
Property

Office

50,856 SF
Availability

3 Spaces

35,250 SF
Year Built

1912
For Lease

$15.00 - $17.00/SF/YR
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Creative Co-Working Offices at 247 Freshwater

247 W Freshwater Way, Walker's Point, Milwaukee, WI
Property

Other
Availability

2 Spaces

13,197.11 SQM
For Lease Contact for pricing
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Tannery - Timbers Building

700 West Virginia Street, Walker's Point, Milwaukee, WI
Property

Office

122,000 SF
Availability

8 Spaces

22,216 SF
Year Built

1891
For Lease

$16.00 - $17.00/SF/YR
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Chase Tower | Office for Lease

111 E Wisconsin Ave, Juneau Town, Milwaukee, WI
Property

Office
Availability

1 Space

70,000 SF
For Lease Contact for pricing
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ManpowerGroup World Headquarters

100 Manpower Place, Schlitz Park, Milwaukee, WI
Property

Office

280,000 SF
Availability

2 Spaces

62,427 SF
Year Built

2007
For Lease

$25.00/SF/YR
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Palladium

1400 North Water Street, Juneau Town, Milwaukee, WI
Property

Office

93,390 SF
Availability

2 Spaces

15,501 SF
Year Built

2019
For Lease Contact for pricing
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2551-2597 & 2608-2650 N. Downer Avenue

2551-2597 & 2608-2650 N. Downer Avenue, Northpoint, Milwaukee, WI
Property

Retail

63,042 SF
Availability

1 Space

2,021 SF
For Lease Contact for pricing
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7924 W Burleigh St

7924 W Burleigh St, Kops Park, Milwaukee, WI
Property

Retail

7,360 SF
Availability

1 Space

7,360 SF
Year Built

1950
For Lease

$10.00/SF/YR
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1102 North 21st Street

1102 North 21st Street, Midtown Milwaukee, Milwaukee, WI
Property

Office

9,000 SF
For Sale

$375,000
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4200 N Holton St

4200 N Holton St, Eastbrook Park, Milwaukee, WI
Property

Industrial

74,889 SF
Availability

1 Space

15,000 SF
Year Built

1950
For Lease

$1.00/SF/MO
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Tannery Business Complex - The Atlas Building

600 West Virginia Street, Walker's Point, Milwaukee, WI
Property

Office

98,237 SF
Availability

8 Spaces

29,702 SF
Year Built

1913
For Lease

$16.00 - $17.00/SF/YR
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+/- 2,200 SF Cross Dock Terminal Space Available

4924 South 13th Street, Mitchell West, Milwaukee, WI
Property

Industrial
Availability

1 Space

2,200 SF
For Lease Contact for pricing
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The Blue @ 310 West

310 West Wisconsin Avenue, Kilbourn Town, Milwaukee, WI
Property

Office

611,357 SF
Availability

57 Spaces

418,214 SF
Year Built

1983
For Lease

$18.50/SF/YR
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Park Place - 11950 West Lake Park Drive

11950 West Lake Park Drive, Park Place, Milwaukee, WI
Property

Office

35,749 SF
Availability

8 Spaces

31,017 SF
Year Built

1986
For Lease

$16.50/SF/YR
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3814-3832 West North Avenue

3814 West North Avenue, Sherman Park, Milwaukee, WI
Property

Office

32,695 SF
Availability

3 Spaces

22,035 SF
Year Built

1926
For Lease Contact for pricing
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Park Place - 11425 West Lake Park Drive

11425 West Lake Park Drive, Park Place, Milwaukee, WI
Property

Office

35,817 SF
Availability

2 Spaces

25,699 SF
Year Built

1987
For Lease

$14.50/SF/YR
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231 East Buffalo Street

231 East Buffalo Street, Historic Third Ward, Milwaukee, WI
Property

Office

45,000 SF
Availability

4 Spaces

8,155 SF
Year Built

1896
For Lease

$20.00 - $25.00/SF/YR
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Redevelopment Opportunity

5881 S Howell Ave, Mitchell Field, Milwaukee, WI
Property

VacantLand
For Sale

$1
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6300 West Fond du Lac Avenue

6300 West Fond du Lac Avenue, Lincoln Creek, Milwaukee, WI
Property

Office

22,526 SF
Availability

1 Space

22,526 SF
Year Built

1997
For Lease

$14.00/SF/YR
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2677 N 40th St

2677 N 40th St, Sherman Park, Milwaukee, WI
Property

Other

24,662 SF
Year Built

1922
For Sale

$899,000
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Downtown Milwaukee
HQ
250 East Wisconsin Avenue 18th Floor, Milwaukee, WI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
View Details (opens in new window)
611 East Wisconsin Avenue

611 East Wisconsin Avenue, Juneau Town, Milwaukee, WI
Property

Office

132,806 SF
Availability

7 Spaces

105,291 SF
Year Built

1964
For Lease

$7.00 - $11.00/SF/YR
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1502 N Jefferson/500-510 E Lyon

1502 N Jefferson/500-510 E Lyon, Lower East Side, Milwaukee, WI
Property

VacantLand
For Sale

$399,000
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2221 North Humboldt Avenue

2221 North Humboldt Avenue, Riverwest, Milwaukee, WI
Property

Retail

2,325 SF
Year Built

1895
For Sale

$575,000
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(Divisible) Warehouse & Distribution Building

4837 W Woolworth Ave, Graceland, Milwaukee, WI
Property

Industrial
Availability

1 Space

51,700 SF
For Lease Contact for pricing
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731 North Jackson Street

731 North Jackson Street, Juneau Town, Milwaukee, WI
Property

Office

94,000 SF
Availability

3 Spaces

7,859 SF
Year Built

1929
For Lease

$17.50/SF/YR
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Monterey Park Corporate Center - Buildings E & F

5300 North 118th Court, Timmerman West, Milwaukee, WI
Property

Office

44,000 SF
Availability

5 Spaces

33,500 SF
Year Built

1993
For Lease

$8.00 - $10.00/SF/YR
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Monroe Building

756 North Milwaukee Street, Juneau Town, Milwaukee, WI
Property

Office

47,000 SF
Availability

4 Spaces

21,056 SF
Year Built

1904
For Lease

$16.00 - $21.00/SF/YR
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11301 W Lake Park Dr

11301 W Lake Park Dr, Park Place, Milwaukee, WI
Property

Office

40,020 SF
Year Built

1987
For Sale

$1,395,000
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311 East Chicago Street

311 East Chicago Street, Historic Third Ward, Milwaukee, WI
Property

Office

84,000 SF
Availability

1 Space

5,700 SF
Year Built

1907
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Milwaukee commercial real estate market incorporates 9,970,970 square feet of office space across 145 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Milwaukee, the coworking segment of the commercial real estate market incorporates about 995 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Milwaukee commercial real estate market includes 2,731,232 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Milwaukee market, there is a total of 4,444,145 square feet of industrial property.

The listing inventory in Milwaukee incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Milwaukee is represented by Office space, which accounts for 3,737,684 square feet of available listings. Industrial space available in Milwaukee adds up to 2,886,862 square feet.

Meanwhile, most of the listings of commercial property for sale in Milwaukee are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Milwaukee is $16.59 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Milwaukee can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $23.29 per square foot, industrial space in Milwaukee saw average rents of $4.97 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Milwaukee, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Milwaukee is in the Juneau Town neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Juneau Town area.

Meanwhile, retail space opportunities are most abundant in the Kilbourn Town submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Miller Valley.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot. In particular, the property type commanding the highest lease rates in Milwaukee was Office space.

Conversely, the highest sale price last year was $28,750,000 that is located at 100 East Wisconsin Avenue.

The average size of a commercial property in Milwaukee depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Milwaukee, the average size of an office property is 104,958 square feet.
Retail properties here incorporate an average of 36,417 square feet.
Industrial space in Milwaukee is in buildings that are, on average 96,612 square feet in size.

Milwaukee, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Milwaukee currently add up to 8,186,876 square feet. The market offers 112 active office listing(s), which amount to 3,741,323 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 694,703 square feet across 78 retail space(s). Industrial space for rent opportunities in Milwaukee amount to 2,891,010 square feet across a total of 53 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	112	3,741,323
Retail	78	694,703
Industrial	53	2,891,010
Other	11	859,840

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Milwaukee, WI. Currently, there is 3,968,277 square feet of commercial property for sale here , which includes 32 office building(s) for sale , 36 retail investment opportunity listing(s) , and 20 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	32	794,618
Retail	36	659,030
Industrial	20	2,101,404
Other	46	413,225

Milwaukee, WI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Milwaukee, WI?

What factors affect the price of commercial real estate in Milwaukee, WI?

What is the average rent for commercial space in Milwaukee, WI?

What are the best areas for commercial real estate in Milwaukee, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Milwaukee, WI?

Milwaukee, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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