Milwaukee, WI Commercial Real Estate for Lease and Sale

Explore 391 listings of Milwaukee commercial real estate to find the best space for your business.

1150-1154 N Water St

1150-1154 N Water St, Juneau Town, Milwaukee, WI
Property

Retail

224,409 SF
Availability

1 Space

8,253 SF
Year Built

2008
For Lease

$20.00/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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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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East Side Retail Space Available

2021 E Ivanhoe Pl, Lower East Side, Milwaukee, WI
Property

Retail
Availability

1 Space

1,859 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Retail Storefront/Office Opportunity | Milwaukee, WI

802-804 W Historic Mitchell St, Historic Mitchell Street, Milwaukee, WI
Property

Office

7,166 SF
Year Built

1974
For Sale

$375,000
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The ASQ Center

648 N Plankinton Ave, Kilbourn Town, Milwaukee, WI
Property

Office
Availability

1 Space

17,821.15 SQM
For Lease Contact for pricing
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701 E Vienna Ave

701 E Vienna Ave, Riverwest, Milwaukee, WI
Property

VacantLand

4.18 Acre
For Sale

$600,000
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Retail Storefront/Office Opportunity | Milwaukee, WI

802-804 W Historic Mitchell St, Historic Mitchell Street, Milwaukee, WI
Property

Office
Availability

1 Space

7,166 SF
Year Built

1974
For Lease Contact for pricing
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The Wisconsin Tower - Retail Condo- For Sale or Lease

606 W. Wisconsin Avenue, Kilbourn Town, Milwaukee, WI
Property

Retail
Availability

1 Space

8,716 SF
For Lease Contact for pricing
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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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3333 S Howell Ave

3333 S Howell Ave, Bay View, Milwaukee, WI
Property

Office

30,670 SF
For Sale

$1,950,000
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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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5400 N 118th Court Milwaukee

5400 N 118th Court Milwaukee, Timmerman West, Milwaukee, WI
Property

Office

10,962 SF
For Sale Contact for pricing
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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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272 N 12th St

272 N 12th St, Menomonee River Valley, Milwaukee, WI
Property

Industrial

15,215 SF
Year Built

1929
For Sale

$1,200,000
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1402 S 4th St

1402 S 4th St, Clock Tower Acres, Milwaukee, WI
Property

VacantLand

6,286 SF
For Sale

$125,000
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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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1818 N Hubbard St

1818 N Hubbard St, Brewer's Hill, Milwaukee, WI
Property

Retail

6,920 SF
Year Built

2002
For Sale

$2,495,000
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The Grove Shopping Center

6015 West Forest Home Avenue, Green Moor, Milwaukee, WI
Property

VacantLand

0.3 Acre
Availability

1 Space

0.3 Acre
For Lease

$75,000.00/YR
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Land Along Milwaukee River with 240 Feet of Frontage

101 S 2nd Street, Menomonee River Valley, Milwaukee, WI
Property

Other
For Sale

$1,250,000
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6101 W. Mill Road

6101 W. Mill Road, Menomonee River Hills East, Milwaukee, WI
Property

Other
For Sale Contact for pricing
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504 W National Ave

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

Retail

16,800 SF
Availability

1 Space

3,800 SF
For Lease

$25.00/SF/YR
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+/- 8,400 SF Flex Unit Available for Lease

9334 N 107th St, North Granville, Milwaukee, WI
Property

Industrial
Availability

1 Space

8,400 SF
For Lease Contact for pricing
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Industrial Manufacturing in Walker's Point

530 S 5th St, Walker's Point, Milwaukee, WI
Property

Industrial
Availability

1 Space

43,225 SF
Year Built

1944
For Lease Contact for pricing
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60th & Capitol

5815-5827 W Capitol Dr, Grasslyn Manor, Milwaukee, WI
Property

Retail

5,387 SF
Availability

2 Spaces

5,387 SF
For Lease

$12.50/SF/YR
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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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INDUSTRIAL SPACE

430 W. Grange avenue, Holler Park, Milwaukee, WI
Property

Industrial
Availability

1 Space

56,000 SF
For Lease Contact for pricing
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7378 N Teutonia Ave

7378 N Teutonia Ave, Tripoli Park, Milwaukee, WI
Property

Office

3,501 SF
Year Built

1975
For Sale

$350,000
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2101 S 37th Street

2101 S 37th Street, West Milwaukee, WI
Property

Office

33,678 SF
Year Built

1998
For Sale

$2,100,000
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1330 & 1420 MLK JR Dr

1330 & 1420 MLK JR Dr, Haymarket, MILWAUKEE, WI
Property

VacantLand

3.14 Acre
Availability

2 Spaces

3.14 Acre
For Lease Contact for pricing
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2306 N Humboldt Blvd

2306 N Humboldt Blvd, Riverwest, Milwaukee, WI
Property

VacantLand

0.34 Acre
Availability

1 Space

0.34 Acre
For Lease Contact for pricing
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5061 West State Street

5061 West State Street, Wick Field, Milwaukee, WI
Property

Industrial

29,184 SF
Availability

1 Space

5,000 SF
Year Built

1924
For Lease

$12.00/SF/YR
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10010 W Silver Spring Dr

10010 W Silver Spring Dr, Timmerman West, Milwaukee, WI
Property

VacantLand

0.61 Acre
For Sale

$100,000
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5140 S. 3rd St

5140 S 3rd St, Holler Park, Milwaukee, WI
Property

Industrial
Availability

1 Space

2,400 SF
For Lease Contact for pricing
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310 W Greenfield Ave & 1327-29 S 3rd St

310 W Greenfield Ave, Walker's Point, Milwaukee, WI
Property

VacantLand

9,425 SF
For Sale

$115,000
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Silver Terrace

5821-5865 W Silver Spring Dr, McGovern Park, Milwaukee, WI
Property

Retail

20,137 SF
Availability

1 Space

1,260 SF
Year Built

1954
For Lease

$18.00/SF/YR
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Shoppes at Downer Avenue

2608-2638 & 2551-2581 North Downer Avenue, Northpoint, Milwaukee, WI
Property

Retail

32,850 SF
Year Built

1912
For Sale

Call for Guidance
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833 East

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

Office
Availability

1 Space

27,616 SF
For Lease Contact for pricing
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4545 W Burnham St

4545 W Burnham St, West Milwaukee, Milwaukee, WI
Property

Industrial

23,525 SF
Availability

1 Space

7,082 SF
For Lease

$6.50/SF/YR
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Land Along Milwaukee River with 240 Feet of Frontage

101 S 2nd Street, Menomonee River Valley, Milwaukee, WI
Property

Other
Availability

1 Space

0.39 Acre
For Lease Contact for pricing
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Hampton Shopping Center

4821 North 76th Street, Long View, Milwaukee, WI
Property

Retail

73,622 SF
Availability

1 Space

9,459 SF
Year Built

1958
For Lease

$8.00 - $10.00/SF/YR
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Airport Commerce Center - New Industrial Development

500-550 W Grange Avenue, Holler Park, Milwaukee, WI
Property

Industrial
Availability

1 Space

160,800 SF
For Lease Contact for pricing
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300 West Florida Street

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

Retail

37,000 SF
Availability

3 Spaces

3,945 SF
Year Built

2020
For Lease

$24.00/SF/YR
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1700 West Cornell Street

1700 West Cornell Street, Rufus King, Milwaukee, WI
Property

Industrial

77,589 SF
Availability

1 Space

77,589 SF
Year Built

1973
For Lease

$3.75/SF/YR
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Shops at Greenfield

4206 W Greenfield Ave, West Milwaukee, WI
Property

Retail

7,818 SF
Availability

1 Space

7,818 SF
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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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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4515 W Forest Home Avenue

4515 W Forest Home Avenue, Jackson Park, Greenfield, WI
Property

Retail

7,400 SF
Availability

1 Space

7,400 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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Mill Road Shopping Center

6406 North 76th Street, Menomonee River Hills East, Milwaukee, WI
Property

Retail

120,026 SF
Availability

6 Spaces

33,109 SF
Year Built

1969
For Lease Contact for pricing
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420-426 N 63rd St

420-426 N 63rd St, Bluemound Heights, Milwaukee, WI
Property

Retail

1,646 SF
Availability

1 Space

1,646 SF
Year Built

1957
For Lease Contact for pricing
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212 E. Mineral Street

212 E. Mineral Street, Harbor View, Milwaukee, WI
Property

Industrial

23,638 SF
For Sale

$1,454,000
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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 8,363,708 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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