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7909-7933 N 73rd St 33,139 SF 35% Leased Flex Building Milwaukee, WI 53223 $1,600,000 ($48.28/SF)
INVESTMENT HIGHLIGHTS
- Value-Add Potential: Under-performing physical & operational condition offers upside through targeted improvements including parking lot resurfacing.
- The property is set up for Multi-Tenant Configuration.
- Utility Reconfiguration: Installing individual or sub-metering may improve NOI and tenant accountability.
- Flexible Zoning (IL1): Accommodates a wide range of light-industrial, flex, and service-oriented users, broadening the tenant pool.
- Repositioning Strategy: Strategic re-tenanting & suite consolidation could attract stronger credit tenants or single-user occupancy at higher rents.
EXECUTIVE SUMMARY
This 33,139 SF multi-tenant industrial building in Milwaukee, WI presents a compelling value-add opportunity for private investors or regional owner-operators. Situated on 2 acres and zoned IL1, the property features 12’ clear heights, one dock door, and four drive-in doors, offering flexible functionality for a wide range of light industrial and service-oriented users.
With under-performing physical and operational conditions, the asset is primed for repositioning through targeted capital improvements and strategic re-tenanting. Its manageable scale and multi-tenant layout allow for staggered lease-up strategies and income diversification, making it an ideal candidate for investors seeking yield through active asset management.
With under-performing physical and operational conditions, the asset is primed for repositioning through targeted capital improvements and strategic re-tenanting. Its manageable scale and multi-tenant layout allow for staggered lease-up strategies and income diversification, making it an ideal candidate for investors seeking yield through active asset management.
PROPERTY FACTS
| Price | $1,600,000 | Rentable Building Area | 33,139 SF |
| Price Per SF | $48.28 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Property Type | Flex | Parking Ratio | 1.3/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.00 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL-1 - Industrial | ||
| Price | $1,600,000 |
| Price Per SF | $48.28 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 33,139 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL-1 - Industrial |
AMENITIES
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,830-20,095 SF | Flex | - | Now |
1st Floor
| Size |
| 1,830-20,095 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,830-20,095 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 082-9995-122-8 | Improvements Assessment | $1,072,800 |
| Land Assessment | $169,000 | Total Assessment | $1,241,800 |
PROPERTY TAXES
Parcel Number
082-9995-122-8
Land Assessment
$169,000
Improvements Assessment
$1,072,800
Total Assessment
$1,241,800
CONTACTS
-
Joe Eldredge, CCIM -
Gregory Anderson -
Kyle Fink, CCIM, SIOR -
Dylan Brown -
Colliers
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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7909-7933 N 73rd St
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