Property profile

155 Silver Spg Dr Whitefish Bay, WI 53217

OFF-MARKET
Retail space
Property ID
US92-0508728
8,500 SF 0.28 ac lot Built 1952
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Kent Building, located at 155 E Silver Spring Dr in Whitefish Bay, WI 53217, offers a fantastic opportunity for businesses seeking executive or medical office space. This two-story building boasts a total of 19,360 square feet, with 1,487 square feet currently available for lease. The property features ample street parking, adding convenience for both staff and clients. The building includes elevators for easy access to both floors. Its prime location between Bayshore Town Center and Sendik's Foods provides exceptional access to dining, entertainment, shopping, and wellness amenities. The building's mixed-use nature, encompassing retail and office space, creates a vibrant and convenient environment. This Milwaukee County property is ideal for businesses seeking a high-visibility location with easy access to a variety of services and amenities. The flexible lease terms offer an attractive opportunity for businesses of all sizes. The available space is perfect for a variety of uses, including executive offices and medical practices. The building's location in the desirable Whitefish Bay neighborhood provides a professional and convenient setting for any business. All-day parking is readily available in nearby residential neighborhoods, supplementing the ample street parking directly outside the building.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Total area 8,500 SF
Lot 0.28 ac (12,354 SF)
APN 197-0016-000
UPID US92-0508728

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Gym & Fitness Center
  • Physician
  • Counselor Mental Health Service

Location

155 Silver Spg Dr Whitefish Bay, WI 53217-4704
Whitefish Bay metro Census 70100 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.37M
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$1.26M

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.4M +57.5%
Restaurant $1.1M +18.2%
Auto repair, garage $1.0M +10.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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