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    4041 Richards St Milwaukee, WI 53212

    Sponsored
    For Lease
    Contact for pricing

    Large medical office building with ample parking.

    Lot size:
    213,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional six-story medical office building, located at 4041 N Richards St in Milwaukee, WI 53212, offers a significant opportunity for healthcare providers. Boasting a total of 213,194 square feet, the property features 48,476 square feet of immediately available space, divisible into units as small as 5,000 square feet. The building, constructed in 1945 and extensively renovated in 2017, benefits from high ceilings ranging from 13 to 18 feet, providing a spacious and modern environment. Ample parking is available with 80+ surface spaces. The property sits on a generous 8.05-acre lot and is zoned IL-2: Light Industrial, offering flexibility for various medical uses. The building is equipped with elevators and heavy power throughout, ensuring efficient operations. This prime Milwaukee location provides easy access to major transportation routes and a thriving medical community. The property's substantial size and flexible floor plans make it ideal for a variety of medical practices, from individual specialists to large multi-specialty clinics. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 4041 Richards St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    213,194 SF

    Building Details

    Year Built/Renovated
    1945/2017
    Stories
    6

    Unit(s) available at that property

    Space
    Available Office 2
    Size
    35,356 SF
    Space
    Available Office 1
    Size
    13,120 SF

    HighLights

    • Large contiguous office space with convenient downtown Milwaukee access.
    • Two on‑site parking lots.
    • Landlord offers tenant improvement allowances.
    • Suitable for office, medical, government, or educational uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cassian Self Storage ... Storage Facility Phoenix Logistics Warehouse Social Development Commission ... Food Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9096417
    Latitude
    43.0913264

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    FAQs

    What type of property is this?
    Medical office - Large medical office building with ample parking.
    Where is this medical office located?
    The property is located at 4041 Richards St Milwaukee, WI.
    What are key features of this property?
    This property features: Large contiguous office space with convenient downtown Milwaukee access.; Two on-site parking lots.; Landlord offers tenant improvement allowances.
    Request Owner's contact information
    4041 Richards St Milwaukee, WI 53212
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    Milwaukee, WI 53212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4041 Richards St Milwaukee, WI 53212
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