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- LoopNet Team
205-215 E Silver Spring Dr
Milwaukee, WI 53217
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
ABOUT 205-215 E SILVER SPRING DR , MILWAUKEE, WI 53217
205-227 East Silver Spring Drive Milwaukee Executive Realty is pleased to present a 100% fee simple interest in the multi-tenant retail building located at 205-227 East Silver Spring Drive Whitefish Bay, WI 53217. The brick building built in 1946 is 100% occupied, includes 4 tenants and gross square footage of 16,560. The site is comprised of two tax parcels (197-0001-000, 198-0315-000) that total .694 acres. The property includes 25 dedicated parking spaces and a full basement utilized by tenants. Located on East Silver Spring Drive- the primary thoroughfare in Whitefish Bay, one of the most affluent villages in the State of Wisconsin. The asset occupies an entire block of frontage on East Silver Spring Drive. In 2018 U.S News ranked Whitefish Bay High School the #1 high school in Wisconsin. Retail vacancy in the market area is approximately 2%. Offering Price: $4,975,000 Terms: Cash at closing Occupancy: 100% NOI: $417,224 Cap Rate: 8.39%
PROPERTY TAXES
| Parcel Number | 197-0001-000 | Improvements Assessment | $1,759,400 |
| Land Assessment | $714,400 | Total Assessment | $2,473,800 |
PROPERTY TAXES
