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401-415 E Silver Spring Dr
Whitefish Bay, WI 53217

Office Property For Sale

Office Space Wisconsin Whitefish Bay 401-415 E Silver Spring Dr, Whitefish Bay, WI 53217

Investment Highlights

  • Property can be purchased alone or as a portfolio.
  • Located near retail shops and offices.
  • Retail-office property located in mature (fully developed) high-demand submarket with coveted demographics

Executive Summary

A rare opportunity to own all or a portion of an exceptional Whitefish Bay commercial building portfolio on in-demand east Silver Spring Drive is now possible. The Berkley Building is an iconic mid-century modern two-story, mixed-use office/retail building in the heart of “the Bay” offering outstanding tenants and short-lived vacancies. Situated at the heart of the Bay shopping district, foot traffic, visibility and out-the-door lifestyle amenities can’t be beat for dining, entertainment, shopping, medical, wellness and fitness. The building’s long-time 1st floor retailers of active lifestyle gearstore Yellow Wood, Burn Boot Camp, Indulge Studios (salon), and Herslof Opticians.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
24,246 SF
Building Class
C
Year Built
1961
Price
$6,257,372 CAD
Price Per SF
$258 CAD
Cap Rate
4.61%
NOI
$288,465 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,123 SF
Building FAR
1.55
Lot Size
0.36 AC
Zoning
Business - Business District

Amenities

  • Signage

PROPERTY TAXES

Parcel Number 198-0259-000 Improvements Assessment $2,479,484 CAD
Land Assessment $1,128,887 CAD Total Assessment $3,608,370 CAD

PROPERTY TAXES

Parcel Number
198-0259-000
Land Assessment
$1,128,887 CAD
Improvements Assessment
$2,479,484 CAD
Total Assessment
$3,608,370 CAD
 

  • Listing ID: 33052767

  • Date on Market: 2024-09-04

  • Last Updated:

  • Address: 401-415 E Silver Spring Dr, Whitefish Bay, WI 53217

The Office Property at 401-415 E Silver Spring Dr, Whitefish Bay, WI 53217 is currently available for sale. Contact Transwestern Real Estate Services for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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401-415 E Silver Spring Dr, Whitefish Bay, WI for sale Floor Plan- Image 4 of 8
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401-415 E Silver Spring Dr, Whitefish Bay, WI for sale Floor Plan- Image 5 of 8
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Second Floor Plan

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