Updated Office and Wellness
8655 N 43rd St Brown Deer, WI 53209
8655 N 43rd St, Brown Deer, WI, 53209
$565,000
For Sale
$565,000
COMMERCIAL - Brown Deer, WI
Property Size4,000 SF
Lot Size0.93 Acres
Price / SF$141.25
Days on Market50
Property Features for 8655 N 43rd St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OVPD
- Standard status
- Active
- APN
- 0479987001
- Size
- 4,000 SF
- Lot size
- 0.93 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6819
Building Details
- Year built
- 1940
- Architectural style
- Other
Listing Agency
Keller Williams Milwaukee North Shore
(414) 962-3605
205 E Silver Spring Dr., Whitefish Bay, WI
Listed by
On Point Realty Group* · License #82189-94
(262) 671-6868
Added: Jun 1 Updated: Jul 18 at 11:15 am Checked: Jul 20 at 8:06 pm
MLS# 1965531
Listing URL
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An updated cinderblock commercial building in Brown Deer designed around three separate units. The layout includes a large open training or flex space, a wellness studio, and a private office suite. The building also includes four-unit HVAC and is described as having a good roof and move-in-ready condition.
The property sits on 0.93 acres with an oversized parking lot and a large pergola patio. It offers direct access to the Oakleaf Trail, supporting on-site uses that benefit from trail adjacency.
Zoned O V P D, the property is presented with owner-user flexibility, including the ability to occupy a portion and rent the remaining space. A virtual tour is available.
The property sits on 0.93 acres with an oversized parking lot and a large pergola patio. It offers direct access to the Oakleaf Trail, supporting on-site uses that benefit from trail adjacency.
Zoned O V P D, the property is presented with owner-user flexibility, including the ability to occupy a portion and rent the remaining space. A virtual tour is available.
Key Highlights
- Updated cinderblock commercial building (built 1901) on 0.93 acres in Brown Deer on Oakleaf Trail with direct trail access
- 3‑unit layout: large training/flex space (~2,450 SF), wellness studio (~200 SF), and private office suite (~800 SF)
- Oversized parking lot plus large pergola patio
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 | $79.2k | $19.80 |
| − Vacancy | −$18.2k | −$4.55 |
| EGI | $61.0k | $15.25 |
| − OpEx | −$15.2k | −$3.81 |
| NOI | $45.7k | $11.43 |
4,000 SF · lease $19.80/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$653.4K
$571.7K – $762.3K
NOI $45,738 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$961.2K
$841.1K – $1.12M
NOI $67,286 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Renovated 3-unit commercial property with parking, patio, and direct Oakleaf Trail access.
Where is this office units located?
The property is located at 8655 N 43rd St Brown Deer, WI.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Updated cinderblock commercial building (built 1901) on 0.93 acres in Brown Deer on Oakleaf Trail with direct trail access; 3‑unit layout: large training/flex space (~2,450 SF), wellness studio (~200 SF), and private office suite (~800 SF); Oversized parking lot plus large pergola patio
