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Vacant Grocery Retail Building
For Lease
$7,420/Mo

6204 W Silver Spring Dr, Milwaukee, WI 53217

Former grocery store with two leasable spaces that can be rented separately or combined for one location.

Space SizeContact for details
Days on Market90

Property Features for 6204 W Silver Spring Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $12,290
Listing Agency: EXP Realty, LLC~MKE
Listed By: Zer Her · License #9157194
Source: Exprealty
Added: Jun 9 Changed: Aug 20 Last Checked: Sep 5 at 12:40PM

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 EXP Realty, LLC~MKE

Investment Insights

Based on property information with market context.

Formerly operated as a grocery store, this vacant retail building is available for lease and offers a flexible layout for a variety of commercial uses. The property includes two separate spaces, which can be leased individually or combined into a single larger space.

The building is located on Silver Spring Drive and is positioned for visibility along a busy commercial corridor. The listing also notes strong visibility and high traffic counts.

Prospective tenants should confirm all room sizes and square footage, as the broker/agent has not verified these measurements.

Key Highlights

  • Former grocery store building with two separate leasable spaces: 1,484 SF and 2,968 SF
  • Spaces can be leased individually or combined for a total of 4,452 SF
  • Versatile layout suitable for retail, office, service‑based businesses, and specialty markets

Property Analytics

Current Use

Tasty Foods Food Market Asian Market Grocery ... (Bike/Boat/Book/etc) Store Wecare 1 Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 53217, WI

30,559
Population
12,301
Households
2.5
Avg Household Size
42
Median Age
73%
College-Educated
97%
High-School Grad
14.1 sq mi
ZIP Area
2,167
Density / Sq Mi
$132,044
Median Household Income
$70,301
Median Earnings
$1,519
Median Rent
$426,100
Median Home Value

Market

Lease Benchmarks for Milwaukee, WI

$16.36 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
8,104 SF
Avg Space Size

This space is priced 22% above the average of $16.36 /SF/Yr.

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former grocery store with two leasable spaces that can be rented separately or combined for one location.
Where is this retail space located?
The property is located at 6204 W Silver Spring Dr Milwaukee, WI.
What is the lease rate?
The lease rate is $7,420/Mo.
What are key features of this property?
This property features: Former grocery store building with two separate leasable spaces: 1,484 SF and 2,968 SF; Spaces can be leased individually or combined for a total of 4,452 SF; Versatile layout suitable for retail, office, service‑based businesses, and specialty markets
More about this property
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