757-765 N Broadway 67,200 SF 70% Leased Office Building Milwaukee, WI 53202 $3,750,000 ($55.80/SF)

757 N. Broadway presents a rare opportunity to acquire a strategically located mixed-use office and retail asset in the heart of downtown Milwaukee at a basis significantly below replacement cost. Positioned along one of Milwaukee’s most recognizable downtown corridors, the property offers investors, owner-users, and redevelopment groups the ability to acquire an institutional-scale asset with substantial upside through lease-up, repositioning, amenity upgrades, or future conversion.
The seven-story property consists of approximately 67,200 square feet with ground floor retail and office space throughout the upper floors. Currently approximately 60% occupied, the building provides immediate in-place income while offering meaningful vacancy for an investor or owner-user to execute a value-add business plan. Existing tenants include established office users such as Newmark (NASDAQ: NMRK) and Milwaukee Economic Development Corporation, along with complementary street-level retail tenancy including Ticket King.
The building’s flexible layout, efficient floor plates, and approximately 13-foot ceiling heights create a highly functional environment for traditional office, creative office, boutique workspace, showroom, or mixed-use concepts. Multiple suite sizes are available throughout the building, allowing for both multi-tenant leasing flexibility and potential owner-user occupancy.
757 N. Broadway is uniquely positioned for long-term appreciation and adaptive reuse potential. Unlike many comparable downtown assets, the property is not historically designated, providing future ownership with significantly greater redevelopment flexibility and reducing barriers to potential apartment conversion or mixed-use repositioning strategies. The structure, layout, and downtown location create a compelling opportunity for residential conversion as Milwaukee’s urban core continues to evolve and attract additional residential density.
Additional features include 27 underground parking spaces, a highly valuable amenity within Milwaukee’s Central Business District, along with immediate access to the city’s premier dining, entertainment, hospitality, and transportation infrastructure. The property sits within walking distance of the Historic Third Ward, Cathedral Square, the Milwaukee Riverwalk, and numerous major employers and residential developments.
Offered at $3,750,000, 757 N. Broadway represents a rare opportunity to acquire a well-located downtown asset with existing tenancy, meaningful value-add potential, and multiple paths to long-term value creation in one of Milwaukee’s most established and evolving urban corridors.