Log In/Sign Up
Your email has been sent.
Transit Express 424 W Cherry St 47,000 SF Vacant Flex Building Milwaukee, WI 53212 $3,300,000 ($70.21/SF)
Executive Summary
This 47,000 SF industrial/flex property on 2.06 acres offers a rare opportunity in Milwaukee’s Haymarket Square district. The building features grade-level access on both floors, minimal load-bearing walls for easy reconfiguration, and a large fenced-in parking area with approximately 108 striped spaces. Located just blocks from the Deer District and one block from the new $300 million Milwaukee Public Museum, the property benefits from strong connectivity and visibility.
The site is zoned IL-2 and includes 12 drive-in doors, ceiling heights ranging from 14 to 20 feet, and a masonry construction type. With quick access to major interstates and proximity to downtown Milwaukee, this property is well-positioned for redevelopment or continued industrial use. Offered at a reduced price of $3.3 million, it presents a compelling investment for users or developers seeking a centrally located asset with expansion potential.
The site is zoned IL-2 and includes 12 drive-in doors, ceiling heights ranging from 14 to 20 feet, and a masonry construction type. With quick access to major interstates and proximity to downtown Milwaukee, this property is well-positioned for redevelopment or continued industrial use. Offered at a reduced price of $3.3 million, it presents a compelling investment for users or developers seeking a centrally located asset with expansion potential.
Property Facts
| Price | $3,300,000 | No. Stories | 2 |
| Price Per SF | $70.21 | Year Built/Renovated | 1982/2000 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.85/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 20’ |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 12 |
| Building Class | B | Cross Streets | N 5th St |
| Lot Size | 2.06 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 47,000 SF | ||
| Zoning | IL-2 - Light industrial | ||
| Price | $3,300,000 |
| Price Per SF | $70.21 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 2.06 AC |
| Rentable Building Area | 47,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2000 |
| Parking Ratio | 0.85/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 12 |
| Cross Streets | N 5th St |
| Opportunity Zone |
Yes |
| Zoning | IL-2 - Light industrial |
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,000-23,500 SF | Flex | Full Build-Out | Now |
| 2nd Floor | 5,000-23,500 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 5,000-23,500 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 5,000-23,500 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,000-23,500 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
2nd Floor
| Size | 5,000-23,500 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Asking Lease Rate is Negotiable Currently used by a bus company and has both warehouse space as well as office and training rooms.
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 361-0212-115 | Improvements Assessment | $887,700 |
| Land Assessment | $1,078,000 | Total Assessment | $1,965,700 |
Property Taxes
Parcel Number
361-0212-115
Land Assessment
$1,078,000
Improvements Assessment
$887,700
Total Assessment
$1,965,700
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Transit Express | 424 W Cherry St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.