Milwaukee, WI Commercial Real Estate for Lease and Sale

Explore 392 listings of Milwaukee commercial real estate to find the best space for your business.

703 W Layton Ave

703 W Layton Ave, Mitchell West, Milwaukee, WI
Property

Retail

2,513 SF
Year Built

1929
For Sale

$499,000
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2104 W Wells St

2104 W Wells St, Avenues West, Milwaukee, WI
Property

VacantLand
For Sale

$350,000
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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

1998
For Lease

$25.50 - $28.50/SF/YR
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6920 W Bradley Road - Development Land Available

6920 W Bradley Rd, Granville Woods, Milwaukee, WI
Property

Other
For Sale

$22,500
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Office Coworking Retail Industrial

Office Retail Industrial Land
Retail Space at Ascent MKE

700 E Kilbourn Ave, Juneau Town, Milwaukee, WI
Property

Retail
Availability

1 Space

7,000 SF
Year Built

2022
For Lease Contact for pricing
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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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The Clock Shadow Building | For Lease

130 W Bruce St, Walker's Point, Milwaukee, WI
Property

Office
Availability

1 Space

4,970 SF
Year Built

2012
For Lease Contact for pricing
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Water Tower Medical Commons

2350 N Lake Drive, Northpoint, Milwaukee, WI
Property

Other
Availability

1 Space

11,870 SF
For Lease Contact for pricing
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Schlitz Park - Stock-House Building

1543 North 2nd Street, Schlitz Park, Milwaukee, WI
Property

Office

140,000 SF
Availability

1 Space

18,379 SF
Year Built

1955
For Lease

$14.00 - $16.00/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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Schlitz Park - Bottlehouse Building B

101 West Pleasant Street, Schlitz Park, Milwaukee, WI
Property

Office

60,000 SF
Availability

2 Spaces

20,021 SF
Year Built

1984
For Lease

$14.00 - $16.00/SF/YR
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ASQ Center

648 North Plankinton Avenue, Kilbourn Town, Milwaukee, WI
Property

Office

266,812 SF
Availability

3 Spaces

59,648 SF
Year Built

2001
For Lease

$14.00 - $16.00/SF/YR
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Retail/Restaurant Space Near Downtown Milwaukee

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

Retail

6,000 SF
For Sale

$825,000
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790 Milwaukee Novel Coworking LLC
Expansive
790 North Milwaukee Street, Milwaukee, WI
Services

Meeting Room
Amenities

Vending machine
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US Bank Center

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

Office

1,300,000 SF
Availability

7 Spaces

80,779 SF
Year Built

1973
For Lease

$20.00 - $23.00/SF/YR
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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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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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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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Empire Building

710 North Plankinton Avenue, Kilbourn Town, Milwaukee, WI
Property

Office

185,867 SF
Availability

5 Spaces

14,810 SF
Year Built

1927
For Lease

$14.00 - $18.00/SF/YR
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Honey Creek Corporate Center I

125 South 84th Street, Cannon Park, Milwaukee, WI
Property

Office

118,072 SF
Availability

1 Space

31,405 SF
Year Built

1997
For Lease Contact for pricing
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11919 W Bradley Road

11919 W Bradley Road, Park Place, Milwaukee, WI
Property

Other

19,000 SF
Year Built

1981
For Sale

$2,150,000
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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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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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Flex Building For Sale or Lease

9400 N 107th St, North Granville, Milwaukee, WI
Property

Industrial
Availability

1 Space

2,050 SF
For Lease Contact for pricing
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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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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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Walker’s Point Restaurant

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

Retail

5,596 SF
For Sale

$1,650,000
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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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Walker’s Point Retail Space

134 W Pittsburgh Ave, Walker's Point, Milwaukee, WI
Property

Retail
Availability

1 Space

3,285 SF
For Lease Contact for pricing
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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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Single Tenant Walmart

401 E Capitol Dr, Williamsburg Heights, Milwaukee, WI
Property

Retail

160,000 SF
Availability

1 Space

160,000 SF
Year Built

1993
For Lease

$68.00/SF/YR
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The Renaissance Building

309 N Water Street, Historic Third Ward, Milwaukee, WI
Property

Office

108,843 SF
Availability

3 Spaces

8,888 SF
For Lease Contact for pricing
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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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The Avenue

275 W Wisconsin Ave, Kilbourn Town, Milwaukee, WI
Property

Retail

15,992 SF
Availability

4 Spaces

17,225 SF
Year Built

1982
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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Prime Retail Space at East Pointe

600 E Ogden Ave, Lower East Side, Milwaukee, WI
Property

Retail
Availability

1 Space

4,500 SF
For Lease Contact for pricing
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Rare Third Ward Condo for Sale or Lease

311 E Chicago St, Historic Third Ward, Milwaukee, WI
Property

Office

13,372 SF
For Sale

$3,600,000
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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

1999
For Lease

$16.00 - $17.00/SF/YR
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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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3902-3910 N 76th St

3902-3910 N 76th St, Dineen Park, Milwaukee, WI
Property

Office

5,067 SF
Year Built

1971
For Sale

$1,200,000
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833 East

833 East Michigan Street, Juneau Town, Milwaukee, WI
Property

Office

358,017 SF
Availability

5 Spaces

27,207 SF
Year Built

2015
For Lease Contact for pricing
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411 East Wisconsin Center

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

Office

693,132 SF
Availability

2 Spaces

46,618 SF
Year Built

1985
For Lease Contact for pricing
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Cathedral Place

555 East Wells Street, Juneau Town, Milwaukee, WI
Property

Office

204,225 SF
Availability

4 Spaces

67,556 SF
Year Built

2004
For Lease

$25.00 - $30.00/SF/YR
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Two-Fifty

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

Office

190,152 SF
Availability

14 Spaces

54,573 SF
Year Built

1973
For Lease

$12.00 - $14.00/SF/YR
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Park Place - 11900 West Lake Park Drive

11900 West Lake Park Drive, Park Place, Milwaukee, WI
Property

Office

36,522 SF
Availability

1 Space

36,522 SF
Year Built

1985
For Lease

$16.50/SF/YR
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The Mayer Building

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

Office

100,000 SF
Availability

2 Spaces

15,233 SF
Year Built

1949
For Lease

$28.80/SF/YR
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BMO Tower | For Sublease

790 N Water St, Juneau Town, Milwaukee, WI
Property

Office
Availability

1 Space

25,811 SF
For Lease Contact for pricing
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Third Ward
Regus
342 North Water Street #600, 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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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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Broadway Central Building

241 North Broadway, Historic Third Ward, Milwaukee, WI
Property

Office

86,664 SF
Availability

1 Space

3,160 SF
Year Built

2002
For Lease Contact for pricing
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913 West Bruce Street

913 West Bruce Street, Walker's Point, Milwaukee, WI
Property

Industrial

32,508 SF
Availability

1 Space

11,000 SF
Year Built

1888
For Lease Contact for pricing
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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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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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