The offering consists of a rare 1.21-acre infill multifamily development site located at 207 E Lincoln Avenue in Milwaukee’s Bay View neighborhood. Positioned within one of the
city’s most sought-after residential districts, the site benefits from exceptional walkability, direct connectivity to Downtown Milwaukee, and immediate access to established retail, restaurants, and daily-needs services. Its IO2 zoning, strong surrounding demographics, and proximity to employment hubs support a clear highest-and-best-use as a high density Class A multifamily development.
Based on Colliers’ development underwriting, the site could support approximately 130- 170 units of housing with a Zoning Map change, depending on the multifamily zoning
district, consistent with recent submarket densities and aligned with current developer expectations in Milwaukee County. Market-supported rents, strong absorption trends,
and robust demand for new product in Bay View position the site for accelerated lease-up and long-term operating stability.
The property’s scale, location, and competitive rent profile create an opportunity for investors and developers to deliver a marquee multifamily community in a neighborhood
with limited remaining large-parcel development sites.