Bar & Pub with Existing
For Sale
$450,000
8775 N 107th St, Milwaukee, WI 53224
Commercial property with improvements and equipment already in place for a new business concept.
Property Size2,880 SF
Price / SF$156.25
Days on Market48
Property Features for 8775 N 107th St
General Information
Standard status
Active
Size
2,880 SF
Building Details
Year Built
1987
Listing Agency:
First Weber Inc - Menomonee Falls
Listed By:
Gurdeep Singh
(414) 275-6497
Source:
Jwregwi
Added: Aug 30
Changed: Oct 8
Last Checked: Oct 7 at 5:18PM
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 First Weber Inc - Menomonee Falls
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bar and pub property at 8775 N 107th Street includes existing commercial improvements and equipment. The established physical setup may support a new operator seeking to build on the property’s current configuration rather than begin with an entirely vacant space.
The property is located in Milwaukee, Wisconsin, 53224. Its existing improvements and equipment provide a foundation for continued commercial use, subject to the buyer’s intended concept and applicable requirements.
The property is located in Milwaukee, Wisconsin, 53224. Its existing improvements and equipment provide a foundation for continued commercial use, subject to the buyer’s intended concept and applicable requirements.
Key Highlights
- Existing commercial improvements
- Equipment included with the property
- 8775 N 107th Street address in Milwaukee, WI 53224
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,329
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,580
$706.6K
Cap Rate 7%
$504,700
$504.7K
Cap Rate 9%
$392,544
$392.5K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$50.1K $17.40/SF
− Vacancy
−$3.0K −$1.04/SF
EGI
$47.1K $16.36/SF
− OpEx
−$11.8K −$4.09/SF
NOI
$35.3K $12.27/SF
Area
Milwaukee, WI
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,580
Cap Rate 7%
$504,700
Cap Rate 9%
$392,544
Alternative Uses
Best Use
Specialty Retail
$504.7K
$441.6K – $588.8K
NOI $35,329 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$692.1K
$605.6K – $807.4K
NOI $48,446 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 17%
Citgo
Shops & Services
6,298 visits/mo
0.2 miles
El Tenampa
Dining
1,495 visits/mo
0.2 miles
Copart
Shops & Services
898 visits/mo
0.5 miles
Demographics for 53224, WI
20,786
Population
8,530
Households
2.4
Avg Household Size
32
Median Age
27%
College-Educated
92%
High-School Grad
10.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$69,727
Median Household Income
$44,745
Median Earnings
$1,160
Median Rent
$194,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Milwaukee, WI
Similar Off Market Nearby
- Bar 107 Sports Bar and Grill — 8775 N 107th St, Milwaukee, WI 53224
- Deanos Sports Bar & Grill — 8775 N 107th St, Milwaukee, WI 53224
- Sheehan's — 8741 N Granville Rd, Milwaukee, WI 53224
Frequently Asked Questions
What type of property is this?
Bar & Pub - Commercial property with improvements and equipment already in place for a new business concept.
Where is this bar & pub located?
The property is located at 8775 N 107th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Existing commercial improvements; Equipment included with the property; 8775 N 107th Street address in Milwaukee, WI 53224
