Milwaukee, WI Commercial Real Estate for Lease and Sale

Explore 389 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

Office
Availability

1 Space

10,500 SF
For Lease Contact for pricing
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5400 North Teutonia Avenue

5400 North Teutonia Avenue, Old North Milwaukee, Milwaukee, WI
Property

Industrial

42,040 SF
Year Built

1952
For Sale Contact for pricing
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2960-2984 S Chase Ave

2960-2984 S Chase Ave, Bay View, Milwaukee, WI
Property

Retail

29,491 SF
Availability

1 Space

1,380 SF
Year Built

1985
For Lease

$14.00 - $16.00/SF/YR
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Historic Eastown Storefronts

715 N. Milwaukee Street, Juneau Town, Milwaukee, WI
Property

Retail

6,120 SF
Availability

1 Space

6,120 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
5400 North Teutonia Avenue

5400 North Teutonia Avenue, Old North Milwaukee, Milwaukee, WI
Property

Industrial

42,040 SF
Availability

1 Space

42,040 SF
Year Built

1952
For Lease Contact for pricing
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First Floor Retail Space below The Yards Apartments

205 W Oregon Street, Walker's Point, Milwaukee, WI
Property

Retail
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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High Image Industrial Facility with Close Proximity to Downtown Milwaukee

4101 W Burnham St, West Milwaukee, Milwaukee, WI
Property

Industrial
Availability

1 Space

475,689 SF
For Lease Contact for pricing
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Downtown Riverfront Opportunity

107 - 115 E. Wells Street, Juneau Town, Milwaukee, WI
Property

Retail

13,106 SF
For Sale

$1,200,000
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Milwaukee Wendy's For Sale

914 N 27th St, Avenues West, Milwaukee, WI
Property

Retail

1,500 SF
For Sale

$525,000
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3812 W Burnham St

3812 W Burnham St, Burnham Park, Milwaukee, WI
Property

Industrial

13,611 SF
Year Built

1957
For Sale

$545,000
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2901 S 5th Court

2901 S 5th Court, Polonia, Milwaukee, WI
Property

Industrial

9,696 SF
Availability

1 Space

9,696 SF
For Lease

$10.00/SF/YR
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121 North Jefferson Street

121 North Jefferson Street, Historic Third Ward, Milwaukee, WI
Property

Retail

1,694 SF
Availability

1 Space

1,694 SF
Year Built

2009
For Lease

$24.00/SF/YR
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4200 N Holton St

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

Industrial

337,203 SF
Availability

1 Space

14,480 SF
Year Built

1960
For Lease Contact for pricing
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The Huron Building

511 N Broadway, Juneau Town, Milwaukee, WI
Property

Office
Availability

1 Space

49,780 SF
For Lease Contact for pricing
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Point Loomis - 3545 South 27th Street

3545 South 27th Street, Southpoint, Milwaukee, WI
Property

Retail

229,870 SF
Availability

3 Spaces

7,059 SF
Year Built

1959
For Lease Contact for pricing
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10915 W Liberty Dr

10915 W Liberty Dr, Park Place, Milwaukee, WI
Property

VacantLand

4.6 Acre
For Sale Contact for pricing
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South Cargo Logistics Hub at Milwaukee Airport

South Burrell Street & College Ave, Bay View, Milwaukee, WI
Property

Industrial

337,000 SF
Availability

1 Space

337,000 SF
For Lease Contact for pricing
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For Sale or Lease | Move-In Ready Office Space

112 E Mineral Street, Harbor View, Milwaukee, WI
Property

Office
Availability

1 Space

42,963 SF
Year Built

1990
For Lease Contact for pricing
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Capital Commons

4055 N Teutonia Ave, Garden Homes, Milwaukee, WI
Property

Retail

13,294 SF
Availability

1 Space

4,400 SF
Year Built

1963
For Lease

$4,000.00/MO
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600-608 & 610-616 West National Avenue

600-608 & 610-616 West National Avenue, Walker's Point, Milwaukee, WI
Property

Retail

14,384 SF
For Sale

$995,000
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+/- 8,400 SF Flex Unit with Dock and Drive-In Loading

7832 N Faulkner Rd, Land Bank, Milwaukee, WI
Property

Industrial
Availability

1 Space

8,400 SF
For Lease Contact for pricing
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217 N Broadway

217 N Broadway, Historic Third Ward, Milwaukee, WI
Property

Office

9,723 SF
Availability

1 Space

3,241 SF
For Lease

$17.95/SF/YR
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11000 West Lake Park Drive

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

Office

238,129 SF
Year Built

1996
For Sale

$14,500,000
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5310 North Lovers Lane Road

5310 North Lovers Lane Road, Timmerman West, Milwaukee, WI
Property

Multi-Family

1,261 SF
Year Built

1952
For Sale

$175,000
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10330 West Silver Spring Road

10330 West Silver Spring Road, Timmerman West, Milwaukee, WI
Property

Retail

147,827 SF
Year Built

2012
For Sale Contact for pricing
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815 N Cass St

815 N Cass St, Juneau Town, Milwaukee, WI
Property

Office

5,710 SF
Year Built

1896
For Sale

$650,000
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5800 West Hope Avenue Outlot

5800 West Hope Avenue Outlot, Capitol Heights, Milwaukee, WI
Property

VacantLand

1 Acre
Availability

1 Space

1 Acre
For Lease Contact for pricing
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Iconic Milwaukee Bar & Restaurant location

1230 N Van Buren St, Yankee Hill, Milwaukee, WI
Property

Retail

5,752 SF
Year Built

1966
For Sale

$1,900,000
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1334 N Van Buren St

1334 N Van Buren St, Yankee Hill, Milwaukee, WI
Property

Retail

2,640 SF
Year Built

1921
For Sale

$555,000
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601 North 20th Street

601 N 20th St, Avenues West, Milwaukee, WI
Property

Multi-Family

18,267 SF
Year Built

1962
For Sale

$8,040,875
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+/-9,600 SF Flex Unit and Industrial Outdoor Storage Available

2809 S 5th Ct, Polonia, Milwaukee, WI
Property

Industrial
Availability

1 Space

9,600 SF
Year Built

1980
For Lease Contact for pricing
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Units 4 & 5 Office Condo For Sale

230 W Wells St, Kilbourn Town, Milwaukee, WI
Property

Office

26,472 SF
Year Built

1925
For Sale

$1,229,390
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814-820 North Plankinton Avenue

814-820 N Plankinton Ave, Kilbourn Town, Milwaukee, WI
Property

Office

24,000 SF
Year Built

1871
For Sale

$1,750,000
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Granville Business Center

9306-9316 N 107TH STREET, North Granville, Milwaukee, WI
Property

Office

9,688 SF
Year Built

1982
For Sale

$535,000
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1015-1021 W National Avenue

1015-1021 W National Avenue, Walker's Point, Milwaukee, WI
Property

Office

12,000 SF
Availability

1 Space

12,000 SF
For Lease

$17.00/SF/YR
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Gas Light Building

626 E Wisconsin Avenue, Juneau Town, Milwaukee, WI
Property

Office
Availability

1 Space

83,300 SF
For Lease Contact for pricing
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1412 W National Avenue

1412 W National Avenue, Walker's Point, Milwaukee, WI
Property

Industrial

99,465 SF
Year Built

1925
For Sale

$1,860,000
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3201-3299 S. 20th Street

3201-3299 S. 20th Street, Southgate, Milwaukee, WI
Property

Industrial
Availability

1 Space

98,000 SF
Year Built

1972
For Lease Contact for pricing
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3832, 3844 & 3896 North 3rd Street

3832 North 3rd Street, Williamsburg Heights, Milwaukee, WI
Property

Industrial

445,442 SF
Availability

1 Space

98,000 SF
Year Built

1945
For Lease

$3.25/SF/YR
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1330 & 1420 MLK JR Drive

1330 & 1420 MLK JR Drive, Schlitz Park, MILWAUKEE, WI
Property

VacantLand

3.14 Acre
For Sale Contact for pricing
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Office Space For Lease In The Third Ward

126 N Jefferson St, Historic Third Ward, Milwaukee, WI
Property

Office
Availability

1 Space

8,395 SF
For Lease Contact for pricing
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Office Space For Lease | Two Forty One

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

Office
Availability

1 Space

14,167 SF
For Lease Contact for pricing
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UWM Retail Space Available

2911 N Oakland Ave, Cambridge Heights, Milwaukee, WI
Property

Retail

2,956 SF
For Sale

$1,600,000
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11225 W Liberty Dr

11225 W Liberty Dr, Park Place, Milwaukee, WI
Property

VacantLand

3.6 Acre
For Sale Contact for pricing
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4701 W Greenfield Ave

4701 W Greenfield Ave, West Milwaukee, WI
Property

Industrial

753,076 SF
Year Built

1920
For Sale

$15,000,000
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111 West Kilbourn Avenue

111 W Kilbourn Ave, Kilbourn Town, Milwaukee, WI
Property

Retail

8,396 SF
Year Built

1988
For Sale

$1,650,000
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5442-5446 W FOREST HOME AVENUE GREENFIELD

5442-5446 W FOREST HOME AVENUE GREENFIELD, Root Creek, Greenfield, WI
Property

Retail

2,883 SF
Year Built

1980
For Sale

$280,000
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900-944 North 46th Street

944 North 46th Street, Miller Valley, Milwaukee, WI
Property

Industrial

240,514 SF
Availability

6 Spaces

115,249 SF
Year Built

1909
For Lease

$1.50 - $8.04/SF/YR
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Prime Water Street Retail Space For Lease

1652 N Water St, Lower East Side, Milwaukee, WI
Property

Retail
Availability

1 Space

1,330 SF
For Lease Contact for pricing
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611 North 20th Street

611 N 20th St, Avenues West, Milwaukee, WI
Property

Multi-Family

19,710 SF
Year Built

1928
For Sale

$8,040,875
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106 W Seeboth Street #204-1

106 W Seeboth Street #204-1, Menomonee River Valley, Milwaukee, WI
Property

Office

1,533 SF
For Sale

$429,000
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4,692 SF of Retail Space at The Sterling

1819 N Farwell Ave, Lower East Side, Milwaukee, WI
Property

Retail
Availability

1 Space

9,000 SF
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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