Professional Office Building with
328 N 76th STREET Unit 332 Milwaukee, WI 53213
328 N 76th STREET Unit 332, Milwaukee, WI, 53213
$439,000
For Sale
$439,000
2,400 SF office building with reception area, private offices, and three bathrooms, plus an additional garage area.
Property Size2,400 SF
Price / SF$182.92
Days on Market292
Property Features for 328 N 76th STREET Unit 332
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1974
Listing agency
Anderson Commercial Group, LLC
(414) 550-8925
Listed by
Kristen Parks · License #9034194
(414) 550-8925
Source
Xome
Added: Oct 4, 2025 Updated: Jul 21 at 8:00PM Checked: Jul 22 at 3:44AM
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 SF professional office building is designed for day-to-day client and staff use, with a welcoming reception and waiting area, three private offices, three bathrooms, and ample storage throughout. An additional garage area provides flexibility for covered parking and/or extra storage.
The property is positioned at the corner of Bluemound Road and N 76th Street, supporting strong visibility for signage opportunities. Convenient access for clients and staff is also highlighted in the offering.
The building is described as a long-maintained space, previously used by an insurance agency for more than 50 years, and is presented as a practical fit for professional, medical, or service-based businesses seeking an established office layout.
The property is positioned at the corner of Bluemound Road and N 76th Street, supporting strong visibility for signage opportunities. Convenient access for clients and staff is also highlighted in the offering.
The building is described as a long-maintained space, previously used by an insurance agency for more than 50 years, and is presented as a practical fit for professional, medical, or service-based businesses seeking an established office layout.
Key Highlights
- 2,400 SF professional office building built in 1974 with central air and carpet flooring
- Corner location at Bluemound Road and N 76th Street in Milwaukee
- Layout includes a reception/waiting area, 3 private offices, and ample storage
Local 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 | $50.4k | $21.00 |
| − Vacancy | −$4.3k | −$1.79 |
| EGI | $46.1k | $19.22 |
| − OpEx | −$18.4k | −$7.69 |
| NOI | $27.7k | $11.53 |
2,400 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$395.3K
$345.9K – $461.2K
NOI $27,670 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$392.0K
$343.0K – $457.4K
NOI $27,443 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$576.7K
$504.7K – $672.9K
NOI $40,372 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - 2,400 SF office building with reception area, private offices, and three bathrooms, plus an additional garage area.
Where is this office building located?
The property is located at 328 N 76th STREET Unit 332 Milwaukee, WI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 2,400 SF professional office building built in 1974 with central air and carpet flooring; Corner location at Bluemound Road and N 76th Street in Milwaukee; Layout includes a reception/waiting area, 3 private offices, and ample storage
