412-424 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!
412-424 E Silver Spring Dr
Milwaukee, WI 53217
Retail Property For Sale
Investment Highlights
- Can be purchased individually or part of a portfolio.
- Neighborhood retail property located in mature (fully developed) high-demand submarket with coveted demographics.
- Centrally located near national shops and retailers.
- Great value-add opportunity.
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. 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. Opportunity to enhance value at renewals or consider redevelopment options longer-term.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,050 SF
Building Class
C
Year Built
1955
Price
$5,830,733 CAD
Price Per SF
$528 CAD
Cap Rate
5.73%
NOI
$334,101 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.38 AC
Zoning
Commercial - Commercial
Parking
74 Spaces (6.95 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 165-0341-000 | Improvements Assessment | $2,503,277 CAD |
| Land Assessment | $1,119,179 CAD | Total Assessment | $3,622,456 CAD |
PROPERTY TAXES
Parcel Number
165-0341-000
Land Assessment
$1,119,179 CAD
Improvements Assessment
$2,503,277 CAD
Total Assessment
$3,622,456 CAD
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
