Office Building with
For Sale
$399,900
328 N 76th St, Milwaukee, WI 53213
A reception area, three private offices, and three bathrooms support a range of professional operations.
Property Size2,400 SF
Price / SF$166.63
Days on Market8
Property Features for 328 N 76th St
General Information
Standard status
Active
Size
2,400 SF
Building Details
Year Built
1974
Listing Agency:
Anderson Commercial Group, LLC
Listed By:
Kristen Parks · License #9034194
(414) 858-5226
Source:
Nikolicgroup
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 5 at 8:37PM
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 2,400-square-foot office property at 328 N 76th St has a reception and waiting area, three enclosed offices, three bathrooms, and storage throughout. An additional garage area provides covered parking or room for more storage. Signage opportunities are also available.
The building occupies the corner of Bluemound Road and N 76th Street in Milwaukee, with access described as convenient for clients and staff.
The building occupies the corner of Bluemound Road and N 76th Street in Milwaukee, with access described as convenient for clients and staff.
Key Highlights
- 2,400‑square‑foot office building
- Three private offices, reception and waiting area, and three bathrooms
- Garage area can accommodate covered parking or additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,443
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,860
$548.9K
Cap Rate 7%
$392,043
$392.0K
Cap Rate 9%
$304,922
$304.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$10.9K −$4.55/SF
EGI
$36.6K $15.25/SF
− OpEx
−$9.1K −$3.81/SF
NOI
$27.4K $11.43/SF
Area
Milwaukee, WI
Vacancy
23.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,860
Cap Rate 7%
$392,043
Cap Rate 9%
$304,922
Alternative Uses
Best Use
Office B
$392.0K
$343.0K – $457.4K
NOI $27,443 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.7K
$504.7K – $672.9K
NOI $40,372 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Milwaukee, WI
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Frequently Asked Questions
What type of property is this?
Office building - A reception area, three private offices, and three bathrooms support a range of professional operations.
Where is this office building located?
The property is located at 328 N 76th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,400‑square‑foot office building; Three private offices, reception and waiting area, and three bathrooms; Garage area can accommodate covered parking or additional storage
