8500 North Ave Wauwatosa, WI 53226
This exceptional two-story office building, located at 8500 W North Ave in Wauwatosa, Wisconsin, presents a compelling investment opportunity. The 6,324 square foot building, constructed in 1942, offers a traditional office layout suitable for a variety of uses. Currently boasting 53% occupancy, this multi-tenant property presents immediate income potential with upside for increased occupancy. The asking price is $775,000. The building features four parking spaces for tenant and visitor convenience. Situated in a vibrant mixed-use area of Midtown Wauwatosa, the property benefits from high visibility and proximity to popular local businesses including Sendiks, Fiddleheads, Colectivo Coffee, Lions Tail Brewing, and Joy Ice Cream Social. This prime location ensures strong tenant appeal and potential for future growth. The lease type is modified, offering flexibility for potential investors. The property's address is 8500 W North Ave, Wauwatosa, WI 53226. This is a rare opportunity to acquire a well-located, established office building in a thriving Wisconsin community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.