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Executive Summary

CBRE, as exclusive advisor to the owner of record, is pleased to present this exceptional ~2.66-acre multifamily development site (the “Property” or Offering”) situated along the Milwaukee River at the intersection of two of the city’s most prominent crossroads – Brady Street and Water Street. The Property is one of the last developable riverfront parcels between downtown Milwaukee and North Avenue, offering developers a unique opportunity to make a mark on this popular and highly-sought after location that has matured with a critical mass of new residents and services in the immediate vicinity over the past 10 years.

Property Facts

Price $5,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 2.66 AC
Opportunity Zone Yes
Zoning C9G

1 Lot Available

Lot

Price $5,500,000
Price Per AC $2,067,669.17
Lot Size 2.66 AC
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
  • Listing ID: 39821804

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 1701 N Water St, Milwaukee, WI 53202

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