155 Silver Spring DrWhitefish Bay, WI 53217

Property Details for 155 Silver Spring Dr

Year built

1952

Lot size

0.28 AC

Property size (Sq ft)

8,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

197-0016-000

APU

1970016000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,256,120

  6.5%

  $2,082,573

  7%

  $1,933,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,174,626

  Geo Method

  $2,789,955

• Alternative Use

  Use

  Valuation

  Residential

  $1,756,728

  Hospitality

  $1,609,154

  Educational

  $1,338,797

  Medical

  $1,384,840

  Retail

  $2,082,573

Location Insight

City

Whitefish Bay

County

Milwaukee

State

Wisconsin

Latitude

43.1183

Longitude

-87.9089

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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