Multi-Unit Retail and Office
8301 W Silver Spring Dr Milwaukee, WI 53218
8301 W Silver Spring Dr, Milwaukee, WI, 53218
$735,000
For Sale
$735,000
Well-maintained multi-unit building includes a fully operating restaurant and two storefront office/retail spaces plus a new commercial kitchen.
Property Size6,114 SF
Price / SF$120.22
Days on Market112
Property Features for 8301 W Silver Spring Dr
General Information
- Standard status
- Active
- Size
- 6,114 SF
Listing agency
Homestead Realty, Inc
(414) 461-4040
Listed by
Maikou Yang · License #92646-94
(414) 461-4040
Source
Exprealty
Added: Apr 1 Updated: Jul 21 at 3:42AM Checked: Jul 21 at 3:42AM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
This well-maintained multi-unit commercial building features an updated, fully operating restaurant along with two separate office/retail storefronts. Recent improvements include a new commercial kitchen, and the sale includes both the real estate and the commercial kitchen.
The property is positioned at the busy intersection of Silver Spring Dr. and Fond du Lac Ave., providing strong visibility for the restaurant and storefront uses.
Additional convenience is supported by 26 dedicated parking spaces, designed for tenants and customers.
The property is positioned at the busy intersection of Silver Spring Dr. and Fond du Lac Ave., providing strong visibility for the restaurant and storefront uses.
Additional convenience is supported by 26 dedicated parking spaces, designed for tenants and customers.
Key Highlights
- Well‑maintained multi‑unit commercial building at the Silver Spring Dr. and Fond du Lac Ave. intersection
- Fully operating restaurant included, plus two separate office/retail storefronts for additional income or owner use
- Recent improvement: new commercial kitchen
Local Financial Insights For Retail
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 | $91.7k | $15.00 |
| − Vacancy | −$7.8k | −$1.28 |
| EGI | $83.9k | $13.73 |
| − OpEx | −$25.2k | −$4.12 |
| NOI | $58.7k | $9.61 |
6,114 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.12M
$976.9K – $1.30M
NOI $78,148 @ 7.0% cap · market cap 10.63%
Second Best
Specialty Retail
$1.02M
$890.7K – $1.19M
NOI $71,259 @ 7.0% cap · market cap 9.70%
Theoretical Best
Warehouse
$4.63M
$4.06M – $5.41M
NOI $324,409 @ 7.0% cap · market cap 44.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Open Doors Learning ...
Daycare Center
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Well-maintained multi-unit building includes a fully operating restaurant and two storefront office/retail spaces plus a new commercial kitchen.
Where is this conventional restaurant located?
The property is located at 8301 W Silver Spring Dr Milwaukee, WI.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Well‑maintained multi‑unit commercial building at the Silver Spring Dr. and Fond du Lac Ave. intersection; Fully operating restaurant included, plus two separate office/retail storefronts for additional income or owner use; Recent improvement: new commercial kitchen
