Free-Standing Retail and Service
3171 S 76th St Milwaukee, WI 53219
3171 S 76th St, Milwaukee, WI, 53219
$469,000
For Sale
$469,000
COMMERCIAL - Milwaukee, WI
Property Size2,863 SF
Lot Size0.34 Acres
Price / SF$163.81
Days on Market124
Property Features for 3171 S 76th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- NS1 Commercial
- Standard status
- Active
- APN
- 5279992110
- Size
- 2,863 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11987
Building Details
- Year built
- 1989
- Architectural style
- Other
Listing Agency
RE/MAX Lakeside-South
(414) 325-0000
5341 S 27th Street, Milwaukee, WI
Listed by
Yoon Kim · License #5218694
(414) 617-6980
Added: Mar 16 Checked: Jul 17 at 7:06 pm
MLS# 1954009
Listing URL
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This free-standing masonry building is offered for sale with ample parking. The property includes space that was formerly used for a dry cleaner, with equipment that can be negotiated or removed. The building was extended and remodeled in 2019, and it has newer HVAC systems in place, supporting a variety of professional service, retail, storage, warehouse, and wholesale uses under its NS1 Commercial zoning designation.
Located at 3171 S 76th St in Milwaukee, the building sits along a commercial corridor with convenient access from S 76th St. The property also features a large pylon sign, designed for visibility from the street. The surrounding area includes established retail and dining, and the listing notes nearby banking and a bowling alley.
For buyers seeking an owner-user or investment property, the flexible mix of allowable use types and the former dry cleaner setup can support a range of tenant concepts, subject to applicable requirements. The seller also notes additional tax-related income associated with US Cellular for a portion of property tax, with amounts cited for 2025 and 2026. Overall, it’s a turn-key option to own a maintained, adaptable building with strong street presence and straightforward access.
Located at 3171 S 76th St in Milwaukee, the building sits along a commercial corridor with convenient access from S 76th St. The property also features a large pylon sign, designed for visibility from the street. The surrounding area includes established retail and dining, and the listing notes nearby banking and a bowling alley.
For buyers seeking an owner-user or investment property, the flexible mix of allowable use types and the former dry cleaner setup can support a range of tenant concepts, subject to applicable requirements. The seller also notes additional tax-related income associated with US Cellular for a portion of property tax, with amounts cited for 2025 and 2026. Overall, it’s a turn-key option to own a maintained, adaptable building with strong street presence and straightforward access.
Key Highlights
- 1989‑built, free‑standing masonry commercial building with nearly 3,000 SF and ample on‑site parking.
- Building was extended and remodeled in 2019 and is reported as having all newer HVAC.
- Located on S 76th St near S 76th & Oklahoma, with a pylon sign for visibility from heavy traffic.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.4k | $16.20 |
| − Vacancy | −$3.9k | −$1.38 |
| EGI | $42.4k | $14.82 |
| − OpEx | −$12.7k | −$4.45 |
| NOI | $29.7k | $10.38 |
2,863 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$424.4K
$371.3K – $495.1K
NOI $29,707 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.0K
$602.0K – $802.7K
NOI $48,160 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sun's Family Dry ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Well-maintained masonry building with ample parking, remodeled in 2019, and newer HVAC for a flexible commercial user.
Where is this storefront property located?
The property is located at 3171 S 76th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 1989‑built, free‑standing masonry commercial building with nearly 3,000 SF and ample on‑site parking.; Building was extended and remodeled in 2019 and is reported as having all newer HVAC.; Located on S 76th St near S 76th & Oklahoma, with a pylon sign for visibility from heavy traffic.
