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$799,000
Est. payment /mo
21,675 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office(s),Service,Recreation/Health Club,Special Purpose,Other
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 1.520 Acres
Acres 1.52
Property Sub-Type Office(s),Service,Recreation/Health Club,Special Purpose,Other
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
Rooms
Basement Block, Full
Interior
Heating Electric, Natural Gas
Cooling Forced Air
Inclusions See listing broker to discuss furnishings.
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 65.0
Parking On Site 65
Roof Type Other
Building
Dwelling Type Free Standing
Story 3
Sewer Municipal Sewer, Municipal Water
New Construction N
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