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Listed by Tamairo Moutry Milwaukee's Best Real Estate Services LLC
$799,000
Est. payment /mo
21,675 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 21,675 sqft
Price per Sqft $36
MLS Listing ID 1979647
Year Built 1980
Annual Tax Amount $18,335
Tax Year 2025
Lot Size 1 Sqft
Acres 1.52
Property Sub-Type Commercial/Industrial
Property Description
This is a Prime Investment Opportunity and has major value-add potential! Lots of work is already been done but there is more to do. This brick multi-story office building features 65 on-site parking spaces and offers potential for multiple tenants. Current 2025 assessment: $881,500 - but the upside is significant. Recent area comparables demonstrate the renovation potential: 8008 W Brown Deer Rd (16,709 SF retail, RB1) - listed at $1,600,000. 9000 Deerbrook Trl, Brown Deer (32,468 SF flex/office) - listed at $1,750,000. At $83-$92/SF as-is, a complete renovation could push value to $1.8-$2.0M based on area comps averaging $166-$270/SF. Listing broker is willing to stay on for property/project management and has special financing for a qualified buyer. Contact the listing broker t
Location
State WI
County Milwaukee
Zoning RB1
Direction Use the navigation from your mobile device or use the GPS from your location.
Rooms
Basement Full, Block
Interior
Inclusions See listing broker to discuss furnishings.
Exterior
Roof Type Other
Total Parking Spaces 65
Exclusions Tenants personal property.
Building
Building Description Brick, 220 Volt Power,Other
Sewer Municipal Sewer
Water Municipal Water
Structure Type Brick
Others
Tax ID 0331261000
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