207 E Lincoln Ave - Manufacturing FOR SALE


Milwaukee, WI 53207- Bay View
$2,250,000 USD
414-278-6825
207 E Lincoln Ave, Milwaukee, WI for Sale
$2,250,000 USD
Manufacturing - FOR SALE
1/4
null | Request Cap Rate

207 E Lincoln Ave
Milwaukee, WI 53207
Bay View


HIGHLIGHTS

  • Prime Bay View infill location offering exceptional walkability, proximity to Downtown Milwaukee, and strong long-term renter demand.
  • Test-fit supports a 156-unit Class A multifamily development, achieving market-supported density and efficient scale.
  • Potential alignment for TIF support and municipal incentives due to redevelopment of an underutilized industrial site.
  • Limited supply of large-scale development parcels in Bay View enhances long-term value and supports strong developer interest.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.21

LAND SF

52,708

ZONING

IO2

APN/PARCEL ID

499-1401-100

ASK ABOUT THIS PROPERTY

Joe Eldredge, CCIMColliersMore Info
414-278-6825

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Joe Eldredge, CCIMColliersMore Info
414-278-6825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.