140 1St StMilwaukee, WI 53204

This exceptional three-story, 28,779 square foot Class B multi-tenant building presents a compelling investment opportunity in the heart of downtown Milwaukee, Wisconsin. Built in 2007, the property boasts a desirable location at 140 S 1st St, 53204, and features a mix of established tenants including a bank, chiropractic office, furniture retailer, and a restaurant, currently operating at 80% occupancy. The building offers a substantial 25,911 square feet of net rentable space, priced at $156.19 per square foot, with a total asking price of $4,495,000. Ample parking is a key feature, including 19 underground spaces and 23 surface spaces, plus 15 additional offsite spaces within a block. The property sits on a 0.609-acre lot and benefits from IM, Industrial-Mixed Use zoning, allowing for flexibility and potential future development. Currently, there is approximately 1,854 square feet of available retail space on the first floor and approximately 2,326 square feet of available office space on the second floor, offering potential for increased revenue. The building features exterior signage opportunities, subject to municipal approval. Lease terms are NNN, with rent bumps included. This property offers a strong cash flow with significant upside potential. The property's APN is 4280972000.