Property summary
This exceptional 71,984-square-foot flex building, located at 7865 N 86th St in Milwaukee, Wisconsin, presents a unique investment opportunity. Built in 1988 and renovated in 1996, this two-story structure sits on a sprawling 7.05-acre lot, offering ample space and privacy. The property boasts three dock-high doors, catering to efficient loading and unloading. Ceiling heights range from 10 to 20 feet, providing versatile space for various industrial and office needs. The building features 22 parking spaces and is zoned IL-1: Light Industrial. Beyond the functional aspects, this property offers remarkable amenities rarely found in industrial spaces. These include a full-sized indoor basketball court, a fitness center with a workout area and yoga room, and a complete locker room with showers. A green roof with a patio and walking paths throughout the heavily wooded lot add to the property's appeal. The asking price is $2,150,000, translating to $29.87 per square foot. This property's combination of functionality, unique amenities, and expansive lot size makes it an ideal choice for a variety of light industrial and office users seeking a distinctive and well-equipped workspace. The property's Milwaukee County location, with a 53224 zip code, provides easy access to major transportation routes. The APN is 080-0061-110.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IL1 · Milwaukee, WI(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
Zoning
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Zoning designation
Official district profile
(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…
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