Medical Office with Treatment
For Sale
$975,000
208 N Main St, Thiensville, WI 53092
Flexible medical office layout with private rooms, offices, reception, and support areas.
Property Size2,672 SF
Days on Market19
Property Features for 208 N Main St
General Information
Standard status
Active
Size
2,672 SF
Property subtype
Commercial
Building Details
Building Size
2,672 SF
Year Built
1996
Year Renovated
2018
Buildings
1
Listing Agency:
First Weber Inc -NPW
(920) 819-5468
Listed By:
Katherine Rhyme
(920) 819-5468
Source:
Therealtycompanyllc
Added: Jul 18
Changed: Jul 31
Last Checked: Aug 5 at 12:46PM
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 First Weber Inc -NPW
Investment Insights
Based on property information with market context.
Located at 208 N Main St in Thiensville, WI 53092, this commercial building was constructed in 1996 and updated in 2018. The property is currently designed and used as a health and wellness office, with a clean professional layout suited to medical, therapy, wellness, office, or service-based operations.
The interior includes 5 private treatment rooms, an open area for physical therapy, movement, training, or flexible workspace, 3 private offices, 2 bathrooms, a breakroom, and a reception and waiting area. The existing configuration provides distinct treatment, administrative, and common areas within one commercial setting.
The interior includes 5 private treatment rooms, an open area for physical therapy, movement, training, or flexible workspace, 3 private offices, 2 bathrooms, a breakroom, and a reception and waiting area. The existing configuration provides distinct treatment, administrative, and common areas within one commercial setting.
Key Highlights
- 5 private treatment rooms
- Open area for physical therapy, movement, training, or flexible workspace
- 3 private offices and 2 bathrooms
Financial Insights For Healthcare Medical
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 | $67.3k | $25.20 |
| − Vacancy | −$5.7k | −$2.14 |
| EGI | $61.6k | $23.06 |
| − OpEx | −$24.6k | −$9.22 |
| NOI | $37.0k | $13.83 |
2,672 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$528.1K
$462.1K – $616.1K
NOI $36,967 @ 7.0% cap · market cap 3.79%
Second Best
Office B
$484.8K
$424.2K – $565.6K
NOI $33,935 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$629.6K
$550.9K – $734.5K
NOI $44,069 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53092, WI
21,052
Population
8,983
Households
2.3
Avg Household Size
50
Median Age
69%
College-Educated
98%
High-School Grad
20.3 sq mi
ZIP Area
1,037
Density / Sq Mi
$126,431
Median Household Income
$70,327
Median Earnings
$1,962
Median Rent
$440,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical office layout with private rooms, offices, reception, and support areas.
Where is this medical office space located?
The property is located at 208 N Main St Thiensville, WI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 5 private treatment rooms; Open area for physical therapy, movement, training, or flexible workspace; 3 private offices and 2 bathrooms
