Milwaukee, WI Commercial Real Estate for Lease and Sale

Explore 386 listings of Milwaukee commercial real estate to find the best space for your business.

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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BMO Harris Building

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

Office

311,000 SF
Availability

1 Space

305,600 SF
Year Built

1967
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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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
Park Place - 11925 West Lake Park Drive

11925 West Lake Park Drive, Park Place, Milwaukee, WI
Property

Office

36,037 SF
Availability

4 Spaces

15,404 SF
Year Built

1989
For Lease

$16.50/SF/YR
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Journal Commons

333 W State St, Kilbourn Town, Milwaukee, WI
Property

Retail

18,000 SF
Availability

1 Space

18,000 SF
Year Built

1924
For Lease Contact for pricing
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Waters at Park Place

11000 West Park Place, Park Place, Milwaukee, WI
Property

Office

31,546 SF
Availability

1 Space

31,546 SF
Year Built

2004
For Lease Contact for pricing
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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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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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2500 W Layton Ave

2500 W Layton Ave, Castle Manor, Milwaukee, WI
Property

Office

42,000 SF
Availability

3 Spaces

8,554 SF
Year Built

1987
For Lease

$12.00/SF/YR
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Wells Building

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

Office

130,000 SF
Availability

5 Spaces

17,017 SF
Year Built

1901
For Lease

$21.00/SF/YR
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222 East Erie Street

222 East Erie Street, Historic Third Ward, Milwaukee, WI
Property

Office

84,805 SF
Availability

7 Spaces

33,297 SF
Year Built

2006
For Lease

$12.00 - $17.00/SF/YR
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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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234 Florida

234 West Florida Street, Walker's Point, Milwaukee, WI
Property

Office

100,000 SF
Availability

4 Spaces

14,349 SF
Year Built

2008
For Lease

$16.50 - $30.00/SF/YR
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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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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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Bartels Building

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

Office

25,000 SF
Availability

1 Space

3,249 SF
Year Built

2002
For Lease

$12.50/SF/YR
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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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Eagleknit Building

507 S 2nd Street, Walker's Point, Milwaukee, WI
Property

Office
Availability

1 Space

50,000 SF
For Lease Contact for pricing
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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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+/- 5,616 SF Flex Unit Available

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

Industrial
Availability

2 Spaces

31,174 SF
For Lease Contact for pricing
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Airport Executive Office Building

4915 South Howell Avenue, Mitchell West, Milwaukee, WI
Property

Office

55,867 SF
Availability

6 Spaces

14,887 SF
Year Built

1981
For Lease

$15.00 - $16.50/SF/YR
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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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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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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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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

1999
For Lease

$16.00 - $17.00/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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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

1992
For Lease

$20.00 - $25.00/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

1 Space

32,334 SF
Year Built

1986
For Lease Contact for pricing
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2150 - 2172 Miller Park Way

2150 - 2172 Miller Park Way, West Milwaukee, Milwaukee, WI
Property

Retail

11,401 SF
Year Built

2022
For Sale

$2,500,000
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Turn-Key Restaurant & Retail Space Available

823 N 2nd St, Kilbourn Town, Milwaukee, WI
Property

Retail
Availability

1 Space

4,200 SF
Year Built

1912
For Lease Contact for pricing
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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

$4.50/SF/YR
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Second Floor Office Space for Lease Available

2601 W Wisconsin Ave, Avenues West, Milwaukee, WI
Property

Office
Availability

1 Space

16,000 SF
For Lease Contact for pricing
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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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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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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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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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7924 W Burleigh St

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

Retail

7,360 SF
Year Built

1950
For Sale

Subject To Offer
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2721-2723 South Howell Avenue

2721-2723 South Howell Avenue, Bay View, Milwaukee, WI
Property

Retail

2,715 SF
Availability

1 Space

2,715 SF
For Lease

$15.00 - $18.00/SF/YR
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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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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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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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Class A Downtown Office | For Lease

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

Office
Availability

1 Space

68,546 SF
For Lease Contact for pricing
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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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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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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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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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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

2007
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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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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Flex Building For Sale or Lease

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

Industrial

12,800 SF
For Sale

$775,000
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3902-3910 N 76th St

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

Office

5,067 SF
Availability

2 Spaces

2,400 SF
Year Built

1971
For Lease

$20.00/SF/YR
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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 10,337,227 square feet of office space across 146 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 3,297,036 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 4,503,145 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 3,911,782 square feet of available listings. Industrial space available in Milwaukee adds up to 2,876,551 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 $15.56 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 Retail 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 108,813 square feet.
Retail properties here incorporate an average of 45,165 square feet.
Industrial space in Milwaukee is in buildings that are, on average 95,812 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 8,363,708 square feet. The market offers 114 active office listing(s), which amount to 3,911,781 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 728,604 square feet across 75 retail space(s). Industrial space for rent opportunities in Milwaukee amount to 2,876,551 square feet across a total of 53 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	114	3,911,781
Retail	75	728,604
Industrial	53	2,876,551
Other	10	846,772

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 4,351,586 square feet of commercial property for sale here , which includes 32 office building(s) for sale , 35 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	796,916
Retail	35	843,466
Industrial	20	2,101,404
Other	44	609,800

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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