10555 Parnell AveHales Corners, WI 53130

Property Details for 10555 Parnell Ave

Lot size

0.48 AC

Property type

Other commercial real estate

APN

659-9962-003

APU

6599962003

Description

This exceptional two-story, 6,435 square foot office building in Hales Corners, Wisconsin, presents a compelling investment opportunity. Located at 10555 W Parnell Ave, 53130, this property boasts five individual suites, many featuring private bathrooms, and shared men's and women's restrooms on the lower level. The building sits on a 0.48-acre lot and includes 28 parking spaces, ensuring ample convenience for tenants and visitors. Recently renovated, the building features a new elevator installed during the upper-level South space renovation. The lower level has also undergone recent renovations. The property benefits from long-term tenants, a well-maintained roof, and excellent mechanical systems. Built in 1970, the building is zoned B-4 and offers a strong net operating income (NOI) of $45,048, with an asking price of $629,900 ($10 per square foot). This prime location on the edge of a thriving shopping district in a high-income community makes this a secure and profitable investment. Detailed financials are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $4,321,344

  Hospitality

  $3,958,328

  Educational

  $3,293,283

  Medical

  $3,406,544

  Retail

  $5,122,884

Location Insight

City

Hales Corners

County

Milwaukee

State

Wisconsin

Latitude

42.9407

Longitude

-88.0456

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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