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Milwaukee Flex Space For Sale
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2110 W Clybourn St, Milwaukee, WI

Flex space property with immediate access to Downtown Milwaukee.

Property Size12,486 SF
Lot Size0.51 Acres
Price / SF$50.06
Days on Market664

Property Features for 2110 W Clybourn St

General Information

Standard status Active
Size 12,486 SF
Lot size 0.51 Acres
Property subtype INDUSTRIAL

Site & Location

Neighborhood Avenues West
Listing Agency: The Barry Company
Listed By: Kevin C. Barry, CCIM · License #WI 56067
Source: Moodyscre
Added: Jan 6, 2025 Changed: Oct 26 Last Checked: Nov 1 at 7:24AM

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 The Barry Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multipurpose property offers 12,486 square feet of flex space. The property is located with immediate access to Downtown Milwaukee and is in close proximity to the Marquette Interchange. It is situated seconds from the freeway and has visibility from the property. The property is suitable for industrial, office, or flex use.

Key Highlights

  • Immediate access to Downtown Milwaukee
  • Seconds from freeway with visibility from property
  • Close proximity to Marquette Interchange

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,466
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,320 $909.3K
Cap Rate 7%
$649,514 $649.5K
Cap Rate 9%
$505,178 $505.2K
Market Conditions
NOI Build-Up for 12,486 SF
Gross rent
$68.3K $5.47/SF
− Vacancy
−$3.3K −$0.27/SF
EGI
$65.0K $5.20/SF
− OpEx
−$19.5K −$1.56/SF
NOI
$45.5K $3.64/SF
Area
Milwaukee, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,320
Cap Rate 7%
$649,514
Cap Rate 9%
$505,178

Alternative Uses

Best Use
Flex RnD
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,932 @ 7.0% cap · market cap 19.67%
Second Best
Industrial
$649.5K
$568.3K – $757.8K (±1% cap)
NOI $45,466 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$3.00M
$2.63M – $3.50M (±1% cap)
NOI $210,034 @ 7.0% cap · market cap 33.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Terminal-Andrae, Inc Electrical Service

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Milwaukee, WI

4.3% 2019
4.7% 2020
3.1% 2021
2.3% 2022
3.1% 2023
3.7% 2024
4.2% 2025

Similar Off Market Nearby

  • Dining Services-Marquette University — 1926 w wisconsin ave, milwaukee, wi 53233
  • Jan's Kitchen — 2848 W Wisconsin Ave, Milwaukee, WI 53208
  • Deco Catering Co — 2308 W Wisconsin Ave, Milwaukee, WI 53233

Frequently Asked Questions

What type of property is this?
Flex space - Flex space property with immediate access to Downtown Milwaukee.
Where is this flex space located?
The property is located at 2110 W Clybourn St Milwaukee, WI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Immediate access to Downtown Milwaukee; Seconds from freeway with visibility from property; Close proximity to Marquette Interchange
(414) 272-6728 Call to check price and availability
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