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Metro MLS

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Pedro Rivera
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$699,900

23,240 sqft

Request showing

For sale· 104 days on market

3500 Sherman Blvd, Milwaukee, WI 53216

MLS# 1972069·Courtesy of Coldwell Banker Realty

$699,900

≈ Estimated $4,584/mo estimated

·0 ba·, 23,240 sq ft·, 0.35 ac lot

1 / 60of 60 photos
0
Bathrooms
23,240
Sq ft
0.35 ac
Lot size
1958
Year built
$30
Per sq ft
  • Commercial Sale
  • Built 1958

About this home

Originally the home of WOKY radio, Milwaukee's first top 40 radio station, this historic, 23,000+ sq ft, highly visible commercial building serves as an accessible local business hub in the Roosevelt Grove/Sherman Park corridor. 3 stories high with BA's on each floor accessed by the modernized elevator (2021), or the front and back stairwells. Security system (2019) for the lobby and back entrances. 2 new boilers (2020) and 3rd and 4th new in 2021. 2 BA's updated to handicap accessible (2024-2025). Eastside building has new electrical panels last 5 yrs. LL has been framed out for potential offices with an updated BA (2026). Surface parking lot in back paved in 2019. Great cash flow with some long term tenants. Convenient to public transportation and fully occupied. Check it out today!

Facts & features

Interior

Bathrooms
0 full
Living area
23,240 sqft

Property

Type
Commercial Sale
Year built
1958
Lot size
0.35 acres

Financial

Annual taxes
$12,100
Price / sqft
$30

Estimate your monthly payment

$139,980
%
%
yrs

$4,584/ month estimated

  • Principal & interest$3,650
  • Property tax$642
  • Insurance$292

Illustrative estimate — not a lending offer.

Investor tools

See flip, rental and BRRR numbers for this home.

Ask me about 3500 Sherman Blvd

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Pedro Rivera

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Listing data courtesy of Coldwell Banker Realty. My request routes to Pedro Rivera in DashBrew CRM.

Location

Milwaukee, WI

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