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7909-7933 N 73rd St 33,139 SF 39% Leased Flex Building Milwaukee, WI 53223 $2,182,784 CAD ($65.87 CAD/SF)
Investment Highlights
- Value-Add Potential: Under-performing physical & operational condition offers upside through targeted improvements including parking lot resurfacing.
- The property is set up for Multi-Tenant Configuration.
- Utility Reconfiguration: Installing individual or sub-metering may improve NOI and tenant accountability.
- Flexible Zoning (IL1): Accommodates a wide range of light-industrial, flex, and service-oriented users, broadening the tenant pool.
- Repositioning Strategy: Strategic re-tenanting & suite consolidation could attract stronger credit tenants or single-user occupancy at higher rents.
Executive Summary
This 33,139 SF multi-tenant industrial building in Milwaukee, WI presents a compelling value-add opportunity for private investors or regional owner-operators. Situated on 2 acres and zoned IL1, the property features 12’ clear heights, one dock door, and four drive-in doors, offering flexible functionality for a wide range of light industrial and service-oriented users.
With under-performing physical and operational conditions, the asset is primed for repositioning through targeted capital improvements and strategic re-tenanting. Its manageable scale and multi-tenant layout allow for staggered lease-up strategies and income diversification, making it an ideal candidate for investors seeking yield through active asset management.
With under-performing physical and operational conditions, the asset is primed for repositioning through targeted capital improvements and strategic re-tenanting. Its manageable scale and multi-tenant layout allow for staggered lease-up strategies and income diversification, making it an ideal candidate for investors seeking yield through active asset management.
Property Facts Under Contract
| Price | $2,182,784 CAD | Rentable Building Area | 33,139 SF |
| Price Per SF | $65.87 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Property Type | Flex | Parking Ratio | 1.3/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.00 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL-1 - Industrial | ||
| Price | $2,182,784 CAD |
| Price Per SF | $65.87 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 33,139 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IL-1 - Industrial |
Amenities
- Signage
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Warehouse SF: +/- 10,525 SF Office SF: +/- 2,500
- 1st Fl - Space 4
- 3,024 SF
- Industrial
- -
- Now
- 1st Fl - Space 5
- 2,016 SF
- Industrial
- -
- Now
1 Drive-In to be added.
Full commercial kitchen
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - Space 1 | 10,525 SF | Flex | Full Build-Out | Now |
| 1st Fl - Space 4 | 3,024 SF | Industrial | - | Now |
| 1st Fl - Space 5 | 2,016 SF | Industrial | - | Now |
| 1st Fl - Space 8 | 1,830 SF | Industrial | - | Now |
| 1st Fl - Space 9 | 2,700 SF | Industrial | - | Now |
1st Fl - Space 1
| Size |
| 10,525 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - Space 4
| Size |
| 3,024 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - Space 5
| Size |
| 2,016 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - Space 8
| Size |
| 1,830 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - Space 9
| Size |
| 2,700 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 of 4
Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - Space 1
| Size | 10,525 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Warehouse SF: +/- 10,525 SF Office SF: +/- 2,500
1st Fl - Space 8
| Size | 1,830 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
1 Drive-In to be added.
1st Fl - Space 9
| Size | 2,700 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Full commercial kitchen
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 082-9995-122-8 | Improvements Assessment | $1,491,814 CAD |
| Land Assessment | $235,008 CAD | Total Assessment | $1,726,822 CAD |
Property Taxes
Parcel Number
082-9995-122-8
Land Assessment
$235,008 CAD
Improvements Assessment
$1,491,814 CAD
Total Assessment
$1,726,822 CAD
Contacts
-
Joe Eldredge, CCIM -
Gregory Anderson -
Kyle Fink, CCIM, SIOR -
Dylan Brown -
Colliers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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7909-7933 N 73rd St
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