111-133 E Silver Spring Dr | Milwaukee, WI 53217
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
111-133 E Silver Spring Dr
Milwaukee, WI 53217
Office Property For Sale
Investment Highlights
- Property can be purchased alone or part of a portfolio.
- Value-add opportunity.
- Neighborhood retail/office property located in mature high-demand submarket with coveted demographics
- Desirable location near national shops and retailers.
Executive Summary
A rare opportunity to own an exceptional Whitefish Bay commercial building portfolio on in-demand east Silver Spring Drive is now possible. Well known neighborhood retail building in the heart of “the Bay” offering outstanding existing tenants and quick relet when a rare vacancy occurs. As part of the ever-popular “Bay” shopping district, foot traffic, visibility and out-the-door lifestyle amenities can’t be beat for dining, entertainment, shopping, medical, wellness and fitness or any other type of business. Opportunity to enhance value at renewals or consider redevelopment options longer-term.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
19,585 SF
Building Class
B
Year Built
1952
Price
$4,000,000
Price Per SF
$204
Cap Rate
5.43%
NOI
$217,200
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,792 SF
Slab To Slab
9’
Building FAR
0.88
Lot Size
0.51 AC
Zoning
Area 11
Parking
8 Spaces (0.42 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 197-0040-003 | Improvements Assessment | $1,535,700 |
| Land Assessment | $941,200 | Total Assessment | $2,476,900 |
PROPERTY TAXES
Parcel Number
197-0040-003
Land Assessment
$941,200
Improvements Assessment
$1,535,700
Total Assessment
$2,476,900
Learn More About Investing in Office Space
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
