Live-Work Office
803 E Milwaukee St Whitewater, WI 53190
803 E Milwaukee St, Whitewater, WI, 53190
$299,000
For Sale
$299,000
Office opportunity with private and street parking and a full walkout basement, with street signage allowed.
Property Size1,630 SF
Price / SF$183.44
Days on Market526
Property Features for 803 E Milwaukee St
General Information
- Standard status
- Active
- Size
- 1,630 SF
Listing agency
Anderson Commercial Group, LLC
(262) 844-6278
Listed by
Craig Friemoth
(262) 844-6278
Source
Exprealty
Added: Feb 11, 2025 Updated: Jul 22 at 8:06AM Checked: Jul 22 at 8:06AM
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 Anderson Commercial Group, LLC
Investment Insights
Based on property information with market context.
This live-work office space includes office accommodations with the flexibility of a potential live/work setup. The property offers private and street parking for day-to-day access and visibility. A full walkout basement adds useful additional space with direct exterior access.
Street signage is allowed, supporting professional presence from the roadway. The listing is offered for sale.
The layout supports both work and lifestyle use with parking options and a walkout basement for practical functionality.
Street signage is allowed, supporting professional presence from the roadway. The listing is offered for sale.
The layout supports both work and lifestyle use with parking options and a walkout basement for practical functionality.
Key Highlights
- Office opportunity with private and street parking available
- Full walkout basement provides additional usable space
- Street signage allowed
Local Financial Insights For Mixed Use
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 | $35.2k | $21.60 |
| − Vacancy | −$2.8k | −$1.73 |
| EGI | $32.4k | $19.87 |
| − OpEx | −$12.1k | −$7.45 |
| NOI | $20.2k | $12.42 |
1,630 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$289.2K
$253.1K – $337.4K
NOI $20,245 @ 7.0% cap · market cap 6.77%
Second Best
Office B
$204.3K
$178.8K – $238.4K
NOI $14,303 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$314.6K
$275.3K – $367.0K
NOI $22,020 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dade & Penwell LLC: ...
Law Firm
Dade & Penwell Law ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Office opportunity with private and street parking and a full walkout basement, with street signage allowed.
Where is this live-work space located?
The property is located at 803 E Milwaukee St Whitewater, WI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Office opportunity with private and street parking available; Full walkout basement provides additional usable space; Street signage allowed
