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412 Silver Spg Dr Whitefish Bay, WI 53217

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For Sale
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Exceptional retail portfolio, 100% occupied.

Property size:
11,050 SF

Property Features for 412 Silver Spg Dr

General Information

Property type
Lifestyle centers
Square Feet
11,050 SF
Lot Size
16,553 SF

Building Details

Year Built/Renovated
1950/1960
Buildings
3
Stories
1

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Listing Contact
Marianne Burish
Marianne Burish

Listing Agency: Transwestern Milwaukee Listing Agent: Marianne Burish

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a three-building, 11,050 square foot shopping center located in the heart of Whitefish Bay, Wisconsin. Situated on a 0.38-acre lot at 412-424 E. Silver Spring Drive (APN 1650341000), this property boasts a desirable location within a thriving commercial district. Built in 1950 and renovated in 1960, the single-story buildings currently enjoy 100% occupancy with a strong tenant base. The asking price is $4,100,000, representing a compelling $371.04 per square foot and a 5.73% capitalization rate. The property is zoned for commercial use and offers limited on-site surface parking behind the buildings. This prime location provides excellent visibility and foot traffic, benefiting from the area's vibrant dining, entertainment, shopping, medical, wellness, and fitness amenities. The property presents a strong current income stream with potential for future value enhancement through lease renewals or long-term redevelopment options. This is a rare chance to acquire a well-established, high-performing retail portfolio in a highly sought-after location.
Property Profile Insight Report 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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Whitefish Bay
County
Milwaukee
State
Wisconsin
Longitude
-87.9049996
Latitude
43.1187888

FAQs

What type of property is this?
Lifestyle center - Exceptional retail portfolio, 100% occupied.
Where is this lifestyle center located?
The property is located at 412 Silver Spg Dr Whitefish Bay, WI.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Limited on-site surface parking available behind the building.; ;
(414) 270-4109 Call to check price and availability
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