203 N Wisconsin St

Boutique Mixed-Use Investment Opportunity: Multifamily Value-Add + Adaptive-Reuse

Newmark is pleased to present The Historic Poole Property, a mixed-use cornerstone at North Wisconsin St and West Main St in historic downtown Port Washington—adjacent to the Historic Ozaukee County Courthouse and steps to the marina, dining, and boutique retail within the Milwaukee MSA’s lakefront core.

The offering totals ~18,500 SF across multiple structures (~16,500-SF primary building plus ~2,000-SF residential). Five multifamily units provide in-place income, with three leased below market and two vacant, lease-ready units enabling near-term stabilization and rent growth.

Substantial adaptive-reuse potential remains for commercial space—supporting boutique retail, office, hospitality, and experiential concepts—under flexible B4 Central Business District zoning with on-site parking, creating a compelling repositioning play.

Prime downtown corner with steady pedestrian and civic activity

Five residential units provide current income with mark-to-market upside

Two vacant, lease-ready units enable near-term stabilization

Flexible floor plates support boutique retail, office, hospitality, and experiential uses

B4 zoning and on-site parking streamline redevelopment and tenanting

Opportunity to reposition and activate a cornerstone property in historic downtown Port Washington with multiple paths to value creation.