Downtown Retail
105 S Main Street Thiensville, WI 53029
105 S Main Street, Thiensville, WI, 53029
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For Sale
Contact for pricing
Flexible retail storefront offering adaptable interior space on Main Street in Thiensville.
Property Size7,000 SF
Price / SF$264.29
Days on Market54
Property Features for 105 S Main Street
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2024
Listing agency
Colliers - Milwaukee, Wisconsin
(414) 278-6862
Listed by
Isaac Berg · License #89752-94
Source
Crexi
Added: May 29 Updated: Jul 21 at 12:00PM Checked: Jul 21 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Milwaukee, Wisconsin
Investment Insights
Based on property information with market context.
Located at 105 S Main Street in Thiensville, this downtown retail storefront offers an adaptable interior and a welcoming storefront presence. The layout is designed to accommodate a variety of commercial uses, supporting multiple operating styles within a flexible commercial configuration.
The property benefits from Main Street exposure in a walkable downtown setting near the Milwaukee River, with surrounding shops and nearby neighborhoods.
For buyers and operators seeking a retail space with customizable interior flexibility, this asset provides a straightforward foundation for establishing a distinctive downtown presence in Thiensville.
The property benefits from Main Street exposure in a walkable downtown setting near the Milwaukee River, with surrounding shops and nearby neighborhoods.
For buyers and operators seeking a retail space with customizable interior flexibility, this asset provides a straightforward foundation for establishing a distinctive downtown presence in Thiensville.
Key Highlights
- Year built: 2024
- Flexible retail storefront on S Main St in Thiensville
- Adaptable interior layout designed to accommodate a variety of commercial uses
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 | $132.7k | $18.96 |
| − Vacancy | −$3.5k | −$0.49 |
| EGI | $129.3k | $18.47 |
| − OpEx | −$38.8k | −$5.54 |
| NOI | $90.5k | $12.93 |
7,000 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,488 @ 7.0% cap · market cap 4.89%
Second Best
Office B
$1.27M
$1.11M – $1.48M
NOI $88,902 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,450 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Downtown Thiensville Wi
Business Service Center
the baaree
Restaurant
the cheel
Restaurant
FAQs
What type of property is this?
Retail space - Flexible retail storefront offering adaptable interior space on Main Street in Thiensville.
Where is this retail space located?
The property is located at 105 S Main Street Thiensville, WI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Year built: 2024; Flexible retail storefront on S Main St in Thiensville; Adaptable interior layout designed to accommodate a variety of commercial uses
