Property summary
This exceptional owner-user opportunity presents a 12,339 square foot, two-story medical office and retail building situated on a 1.465-acre lot in Hales Corners, Wisconsin. Built in 1970 and extensively renovated in 2023, the property boasts a prime location on S. 108th Street, directly abutting the busy Highway 100 corridor, with a daily traffic count of 28,871 vehicles. The building features private suite entrances, ample recently resurfaced parking, and new exterior improvements including paint and landscaping. The main level offers 2,995 square feet ideal for medical or retail use with direct highway exposure. A fully occupied salon suite provides existing income, and a contract for additional income from independent offices and shared workspaces is available for assumption. The property benefits from its strategic location between a strong retail district and a dense suburban market, with 3,969 homes within a one-mile radius. Hales Corners' central location in southeastern Wisconsin offers easy access to I-41 and I-43, within a five-minute drive. Detailed financial forecasts are available upon request. The asking price is $2,000,000, resulting in a price per square foot of $162.09. The property includes a lower level with exposed rear space. The roof was replaced in 2017.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Medical Clinic
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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