Free-Standing Building in Prime Location

3171 S 76th St, Milwaukee, WI 53219

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For Sale

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Well-maintained 2,863 SF building with ample parking and high visibility.

Type:Office, Retail, Special Purpose

Property size:

2,863 SF

Price / SF:

$174/SF

HighLights

Prime commercial corridor location on S 76th & Oklahoma with high traffic visibility and pylon sign.
Priced significantly below assessed value (80k under).
Well‑maintained, free‑standing masonry building with ample parking and easy access.
Additional income from US Cellular for property tax portion due to cell tower lease.
Surrounded by established national franchise restaurants and across from a strip mall anchored by Tricity Bank, Dollar Tree, PNC Bank, and a bowling alley.
Building extended and remodeled in 2019 with newer HVAC.

We can help!

Contact an agent

yoon kim

For Sale

Contact for pricing

Well-maintained 2,863 SF building with ample parking and high visibility.

Type:Office, Retail, Special Purpose

Property size:

2,863 SF

Price / SF:

$174/SF

Added:: Apr 25, 2025
Days on Market:: 429
Last Refresh:: Mar 16 at 1:14 pm

Property Features for 3171 S 76th St

General Information

Standard status: Active
Size: 2,863 SF
Property subtype: Office, Retail, Special Purpose

We can help!

Contact an agent

yoon kim

Listing office RE/MAX Lakeside

Listing date Apr 25, 2025

Source Crexi

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 RE/MAX Lakeside

HighLights

Prime commercial corridor location on S 76th & Oklahoma with high traffic visibility and pylon sign.
Priced significantly below assessed value (80k under).
Well‑maintained, free‑standing masonry building with ample parking and easy access.
Additional income from US Cellular for property tax portion due to cell tower lease.
Surrounded by established national franchise restaurants and across from a strip mall anchored by Tricity Bank, Dollar Tree, PNC Bank, and a bowling alley.
Building extended and remodeled in 2019 with newer HVAC.

Overview

This almost 3,000 square foot free-standing building, featuring a spacious parking lot, is situated in a prime commercial area near South 76th Street and Oklahoma Avenue. The masonry building is well-maintained and offers convenient access from 76th Street. Remodeled and extended in 2019, the building includes newer HVAC systems. A large pylon sign on South 76th Street provides excellent visibility to passing traffic. The property is located across from a strip mall anchored by Tricity Bank, Dollar Tree, and PNC Bank, as well as a bowling alley. The property was formerly a dry cleaner, and the equipment is negotiable or can be removed. There is extra income from a lease with US Cellular for a portion of the property tax: $4,543 for 2025 and $7,184 for 2026. A cell tower behind the building is leased to US Cellular. US Cellular is responsible for paying a portion of the property tax to the building owner.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $29,707 @ 7.0% cap · market cap 5.94%

Second Best

—

no second resolved use

Theoretical Best

Office A

$688.0K

$602.0K – $802.7K (±1% cap)

NOI $48,160 @ 7.0% cap · market cap 9.63%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Sun's Family Dry ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Milwaukee
County: Milwaukee
State: Wisconsin
Longitude: -88.0080526
Latitude: 42.9865476

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For sale
Storefront properties
WI
Milwaukee
53219
3171 S 76th St

What type of property is this?

Storefront property - Well-maintained 2,863 SF building with ample parking and high visibility.

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 $500,000.

What are key features of this property?

This property features: Prime commercial corridor location on S 76th & Oklahoma with high traffic visibility and pylon sign.; Priced significantly below assessed value (80k under).; Well‑maintained, free‑standing masonry building with ample parking and easy access.