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Milwaukee Office Building For Sale

738-740 N James Lovell St Milwaukee, WI

738-740 N James Lovell St, Milwaukee, WI, 00000
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For Sale
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Office building for sale with easy access to major highways.

Property Size2,661 SF
Lot Size0.05 Acres
Price / SF$178.50
AddedSep 23, 2025
Days on Market297
Last RefreshJul 15 at 5:52 pm

Property Features for 738-740 N James Lovell St

General Information

Standard status
Active
Size
2,661 SF
Lot size
0.05 Acres
Property subtype
OFFICE

Listing office Hunter Real Estate LLC

Listing date Sep 23, 2025

Source Moodyscre

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 Hunter Real Estate LLC


Investment Insights

Based on property information with market context.

This office building, constructed in 1900, offers 2,661 square feet of space. The property provides convenient access to I-43 and I-94. Its location is within walking distance of various restaurants and entertainment venues. Furniture and personal property on the premises are available for sale, offering a potential turn-key office setup.

Key Highlights

  • Easy access to I‑43 and I‑94
  • Walking distance to restaurants and entertainment options
  • Building Size: 2,661 SF

Local Financial Insights For Office B

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 $52.7k $19.80
− Vacancy −$12.1k −$4.55
EGI $40.6k $15.25
− OpEx −$10.1k −$3.81
NOI $30.4k $11.43
2,661 SF · lease $19.80/SF/yr · vacancy 23.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$434.7K
$380.3K – $507.1K (±1% cap)
NOI $30,427 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.5K
$559.5K – $746.0K (±1% cap)
NOI $44,762 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Garden Center HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building for sale with easy access to major highways.
Where is this office building located?
The property is located at 738-740 N James Lovell St Milwaukee, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Easy access to I‑43 and I‑94; Walking distance to restaurants and entertainment options; Building Size: 2,661 SF
Contact an agent
(414) 931-9931 Call to check price and availability
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