- For Sale $1,250,000
- Property Type Multi-Family
- Property Size 18,500 SF
- Units 6
- Lot Size 0.67 Acre
- Zoning B-4 Central Business
- Parking Spaces Avail. 52
- Parking Ratio 2.81 / 1,000 SF
- Year Built 1941
- Date Updated Apr 29, 2026
Description
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.
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Contacts
Newmark
Location
Newmark