True
Space Available For Lease 1
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High profile corner retail space in the Historic Third Ward in Downtown Milwaukee. This exquisitely remodeled space is move-in ready and available immediately. Blade Signage on Water Street Recently completely remodeled interior with polished concrete floor, exposed wood ceiling and columns, and exposed brick. One dedicated surface stall. Metered street parking. 550 stall public parking garage directly across the street. *Current owner occupant to remain open for business until leased to a new tenant. Whitefish Bay store to remain open permanently.
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Ben Weiland
CBRE ![]()
Samuel Gleischman
CBRE |
Contacts

CBRE

CBRE
Property Details
- Property Type Retail
- Property Size 3,802 SF
- Lot Size 6.68 Acre
- Building Class A
- Year Built 2008
- Date Updated May 7, 2025
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Milwaukee, WI
- Neighborhood Lower East Side
- Zip Code 53202
- Market Milwaukee
Points of Interest
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Ogden/Jackson
0.24 miles
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Jackson at Juneau
0.38 miles
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Cathedral Square
0.57 miles
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Burns Commons
0.59 miles
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City Hall
0.64 miles
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Wisconsin Avenue
0.84 miles
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Michigan & Jackson
0.91 miles
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Clybourn & Jefferson
0.99 miles
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Lakefront
1.00 miles
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Historic Third Ward
1.07 miles
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Jetz
0.56 miles
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Citgo
0.66 miles
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BP
0.82 miles
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Tesla Destination Charger
0.85 miles
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Shell
1.25 miles
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Prospect Clark
1.28 miles
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Clark
1.40 miles
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Tesla Supercharger-Glendale, WI
4.90 miles
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ChargePoint
6.99 miles
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Fresh Thyme Customer Parking
0.05 miles
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Aurora Visitors
0.12 miles
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Ogden Parking
0.14 miles
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Northern Lights Business Center Parking
0.17 miles
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Viets Field Parking Structure
0.22 miles
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Convent Hill Parking
0.22 miles
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RiverCenter Parking Structure
0.22 miles
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MSOE Permit Parking
0.28 miles
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Edison Street Lot
0.30 miles
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King's Head Customer Parking
0.31 miles
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Birch
0.04 miles
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Sanford
0.12 miles
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Zoup!
0.13 miles
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Jimmy John's
0.14 miles
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Noodles & Company
0.16 miles
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Jamba
0.17 miles
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Jersey Mike's Subs
0.17 miles
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Einstein Bros. Bagels
0.19 miles
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Chipotle
0.21 miles
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Panera Bread
0.22 miles
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Fresh Thyme
0.06 miles
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Pick 'n Save
0.20 miles
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Metro Market
0.42 miles
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Glorioso's Italian Market
0.43 miles
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Pete's Fruit Market
0.79 miles
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TJ Maxx
0.86 miles
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The Avenue
0.92 miles
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Kohl's
0.93 miles
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Koppa’s Fulbeli Deli
0.99 miles
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Riverwest Co-op
1.07 miles
1551 North Water Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at 1551 North Water Street asks $25.00/SF/YR per square foot.
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The property includes 3,802 square feet of retail space for lease. Of this total, 3,802 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Lower East Side is 32. The average household income here is $68,482 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.