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Listed by Florence Carneol • Coldwell Banker Realty
$ 875,000
Est. payment /mo
Price Dropped by $24K
3500 N Sherman Milwaukee, WI 53216
23,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,240 sqft
Price per Sqft $37
MLS Listing ID 1972069
Year Built 1958
Annual Tax Amount $12,100
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
Property Description
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!
Location
State WI
County Milwaukee
Zoning Commercial
Rooms
Basement Block, Full
Interior
Heating Hot Water/Steam, Natural Gas
Cooling Hot Water/Steam, Natural Gas
Flooring Unknown
Exterior
Exterior Feature Aluminum Siding, Brick
Garage Spaces 12.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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