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.

Second Floor Office Space Available For Lease

2532 E Belleview Place Milwaukee, Murray Hill, Milwaukee, WI
Property

Office
Availability

1 Space

1,367 SF
For Lease Contact for pricing
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Retail Space for lease at Overlook on Prospect

Prospect Ave, Lower East Side, Milwaukee, WI
Property

Retail
Availability

1 Space

2,602 SF
For Lease Contact for pricing
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High visibility building along I-94

2156 S 4th Street, Baran Park, Milwaukee, WI
Property

Office
Availability

1 Space

15,411 SF
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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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
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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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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Rare +/-2,500 SF Bayview Flex Building

1314 E Potter Ave, Bay View, Milwaukee, WI
Property

Industrial
Availability

1 Space

2,500 SF
Year Built

1916
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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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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420-422 N 63rd St Milwaukee

420-422 N 63rd St Milwaukee, Bluemound Heights, Milwaukee, WI
Property

Retail

1,756 SF
Year Built

1957
For Sale

$295,000
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Shoppes at Downer Avenue

2608-2638 North Downer Avenue, Northpoint, Milwaukee, WI
Property

Retail

13,019 SF
Year Built

1912
For Sale

Call for Guidance
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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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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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6200 W Mill Road - Development Land Available

6200 W Mill Rd, Menomonee River Hills East, Milwaukee, WI
Property

Other
For Sale

$60,000
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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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414 W National Ave

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

Office

6,250 SF
Year Built

1906
For Sale

$1,700,000
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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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5300 N 118th Court

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

Office

21,730 SF
For Sale

$2,420,000
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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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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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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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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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1320 E Brady Street

1300-1330 E Brady St, Lower East Side, Milwaukee, WI
Property

Retail

1,606 SF
Availability

1 Space

1,606 SF
Year Built

1997
For Lease

$24.00/SF/YR
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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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High Image Industrial Facility with Close Proximity to Downtown Milwaukee

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

Industrial

475,689 SF
For Sale

$27,500,000
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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

Second Floor Office Space Available For Lease

Retail Space for lease at Overlook on Prospect

High visibility building along I-94

212 E. Mineral Street

217 N Broadway

Milwaukee Wendy's For Sale

Rare +/-2,500 SF Bayview Flex Building

UWM Retail Space Available

Downtown Riverfront Opportunity

420-422 N 63rd St Milwaukee

Shoppes at Downer Avenue

900-944 North 46th Street

5310 North Lovers Lane Road

6200 W Mill Road - Development Land Available

Units 4 & 5 Office Condo For Sale

414 W National Ave

Retail Storefront/Office Opportunity | Milwaukee, WI

5300 N 118th Court

1150-1154 N Water St

600-608 & 610-616 West National Avenue

2306 N Humboldt Blvd

833 East

1320 E Brady Street

+/-9,600 SF Flex Unit and Industrial Outdoor Storage Available

High Image Industrial Facility with Close Proximity to Downtown Milwaukee

Frequently Asked Questions

Milwaukee, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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