3636 124Th StWauwatosa, WI 53222

For Sale
$1,425,000

18,591 SF Office Building, $1.425M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 18,591 square foot executive office building, located at 3636 N 124th Street in Wauwatosa, Wisconsin, presents a compelling owner-user investment opportunity. Situated on a 1.04-acre lot, the property boasts 68 parking spaces and is zoned C2 General Commercial, offering significant flexibility. Built in 1984, the building has undergone recent significant improvements, including a new roof in 2021 and major HVAC repairs completed in the same year. The property features a multi-tenant occupancy arrangement. The asking price is $1,425,000, translating to a price per square foot of $76.65. The current owner leases the first and second floors until March 31, 2026, generating a fixed annual gross income of $157,982.40. This provides a strong potential for immediate cash flow and future development. The property's prime location in Wauwatosa, Milwaukee County, Wisconsin (zip code 53222), offers easy access to major transportation routes and amenities. The property's APN is 258-0002-014. This is an ideal opportunity for an investor seeking a well-maintained, income-producing asset with significant upside potential. The lease is a modified type.

Highlights

  • New roof installed in 2021.
  • Major HVAC system repairs completed in 2021.
  • Owner-occupied first and second floors, generating $157,982.40 in annual gross income, with lease expiring March 31, 2026.

Property Details for 3636 124Th St

Property type
Other office properties, Office properties
Square Feet
18,591 SF
Year Built
1984
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Wauwatosa
County
Milwaukee
State
Wisconsin
Latitude
43.0846908
Longitude
-88.0657457
3636 124Th St, Wauwatosa, Wisconsin

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3636 124Th St
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