Historic Mandel Building — Sale in Milwaukee, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Milwaukee, WI 53212

Description

ReDevelopment Opportunity - 94,000 SF Warehouse Available Near Fiserv Forum Tremendous potential on N. Dr. Martin Luther King Jr. Dr. Built in 1909, this downtown Milwaukee landmark sits in a federal Opportunity Zone just north of the Fiserv Forum and the busy Deer District. Ripe for redevelopment and offers great signage opportunities.

Market Context

This office in Milwaukee, WI is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Milwaukee, WI — view the full market.

As of Q1 2026, the Milwaukee office market showed average asking rents near $42.84/SF/yr, and cap rates around 9.0%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Milwaukee?
About 9.0% as of Q1 2026, per multiple brokerage reports.

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