Whitefish Bay, WI Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Whitefish Bay, Wisconsin Market population: 14K. Explore income-producing properties with verified cap rates and...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Whitefish Bay WI Properties: 1.6100%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Whitefish Bay WI
Common questions from investors exploring commercial real estate in Whitefish Bay WI.
What is the overall investment outlook for Whitefish Bay, WI, considering its demographics and economy?
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With a median household income of $100,769 and a relatively low poverty rate of 3.9%, Whitefish Bay presents a stable investment market, further supported by its diverse top industries, including Finance & Insurance, and Manufacturing, which cater to a broad range of professionals, and a high health insurance coverage rate of 97.5% indicating a healthy and secure population.
How does the ethnic diversity and commute time in Whitefish Bay impact the rental market?
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The ethnic diversity, with top ethnicities being White (46.4%), White Non-Hispanic (45.1%), and Asian (2.4%), suggests a culturally rich and potentially stable rental market, while the average commute time of 21 minutes, primarily driven by those who drive alone or work from home, indicates convenient access to employment opportunities, making it an attractive location for renters from various backgrounds.
What insights can be gained from the poverty rate, health insurance coverage, and top industries for assessing tenant quality and market demand?
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The combination of a low poverty rate of 3.9% and high health insurance coverage of 97.5% suggests a market with stable, employed individuals, which is further reinforced by the presence of robust industries like Finance & Insurance, and Professional, Scientific, & Management Services, indicating a strong demand for housing from reliable tenants with stable incomes.
How do the median property value, property taxes, and homeownership rate influence the decision to invest in Whitefish Bay?
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With a median property value of $315,600 and median property taxes of $4,436, investors should consider the balance between property values and tax burdens, while the high homeownership rate of 81.9% suggests a stable community, which can be beneficial for long-term investments, as it indicates a preference for owning over renting, potentially stabilizing property values.
What role do commute methods, public transportation usage, and the GINI coefficient play in evaluating market stability and potential for real estate investment?
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The predominant commute methods of driving alone or working from home, alongside a relatively low public transportation usage of 2.4%, suggest a community with convenient personal transportation options, while the GINI coefficient of 0.46 indicates a moderate level of income inequality, which, combined with the low poverty rate and high employment, points to a relatively stable market with potential for sustained growth in real estate investment.
Whitefish Bay WI Real Estate & City Facts
Key facts and real estate information about Whitefish Bay WI.
What are some of the best neighborhoods to live in Whitefish Bay?
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Some of the best neighborhoods to live in Whitefish Bay include Bay Kent Land, which is known for its clean and family-friendly environment, and the southeast parts of the city, which tend to be more desired and have higher home values. Additionally, neighborhoods with historic home architecture and a sense of community are also popular.
What are some fun things to do in Whitefish Bay?
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There are plenty of fun things to do in Whitefish Bay, including visiting Klode Park, which offers beautiful views of Lake Michigan, and exploring the village's walkable streets and shops. You can also check out the lakefront parks, historic landmarks, and cultural sites, such as the Lakefront Brewery Beer Hall and the Veterans Park. If you're looking for something more adventurous, you can try mini golf or team-building activities at places like Nine Below or Flip Flop Tiki.
What is the food scene like in Whitefish Bay?
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The food scene in Whitefish Bay is vibrant and diverse, with a range of restaurants serving everything from Italian to American comfort food. Some popular spots include MOXIE Food + Drink, which offers creative brunch dishes, and Fitzy's, which serves up Southern-style cuisine. You can also find great Italian restaurants like Il Cervo and Onesto, and Himalayan cuisine at Curry & Momo Himalayan Restaurant. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Whitefish Bay?
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The pros of living in Whitefish Bay include its beautiful lakefront parks, historic neighborhoods, and strong sense of community. The village also has a highly-rated school district and a variety of shops and restaurants to explore. However, some cons include the higher cost of living, particularly when it comes to housing, and the potential for traffic and congestion in certain areas. Additionally, some residents may find the village's small-town charm and limited nightlife to be a drawback.
Is Whitefish Bay a good place to live?
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Overall, Whitefish Bay is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its beautiful parks, highly-rated schools, and vibrant food scene, it's an attractive option for families and young professionals alike. However, as with any place, there are pros and cons to consider, and it's ultimately up to each individual to decide whether Whitefish Bay is the right fit for them. If you value a strong sense of community, beautiful outdoor spaces, and a range of cultural and recreational activities, then Whitefish Bay may be an excellent choice.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Whitefish Bay WI Commercial Property: $100,769
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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