Listed by Newmark - Milwaukee
$3,300,000
Atrium 120
Details
APN BR C1150994019
Property Type Office
Sub Type Executive Office
Square Footage 52,013
Year Built 1979
Year Renovated 2025
Stories 1
Acreage 4.180
Zoning O&LR/C/LI with SE
Parking Spaces 4 per 1,000 sq ft
Office | 52,013 SqFt
Marketing description
Introducing 120 Bishops Way, a prime investment opportunity in Brookfield, WI. This 52,013 SF building, constructed in 1979, holds immense promise for Office and Office Building investors. Zoned O&LR/C/LI (Office and Limited Residential/Commercial/Light Industrial), the property boasts versatile potential for a range of development opportunities. Part of the coveted Bishops Woods Office Park, it is strategically poised for mixed-use development, including Office & Medical/Research/Local Business/Multi-family/Limited Light Industrial spaces. With excellent visibility and potential future accessibility to Elm Grove Road, this property is strategically located at the bridge over I-94. The City of Brookfield Neighborhood Plan proposes a potential road to be constructed along the northern edge of the property, adding to its allure as a promising investment opportunity.
120 Bishops Way is located in the Bishop’s Woods office district of Brookfield, Wisconsin (Waukesha County). The area is known for its professional office campuses set among mature trees and landscaped grounds, offering a quiet, business-friendly environment just off the high-visibility Bluemound Road corridor.
Investment highlights
- Building Size ± 52,013
- Tax Key BR C1150994019
- 2025 Taxes $ 31,571.62
- Sale Price $ 3,300,000
- Parcel Size 4.18 Deeded Acres
- Year Built 1979
- Zoning O&LR/C/LI with SE
- Parking Surface – 4/1,000
- Access 24/7 Keycard access
- Security Eight (8) video recording security cameras
- Utilities Municipal Sewer and Water
- Construction Masonry
- Sprinkler Yes
- Property Highlights
- Neighboring land parcel “Parcel 23” For Sale
- City of Brookfield Neighborhood Plan – proposes a potential road to be constructed from Bishops Way to Elm Grove Road
- Part of Bishops Woods Office Park
- Vacancy potential; contact Broker for details
- Building improvements
- Replaced electrical throughout the building in 2025
- Replaced four (4) 25-ton Carrier rooftop units in 2025
- Carpet and paint throughout
- LED Lights
- Bishops Woods Office Park’s natural setting offers wildlife and a serene environment
- Located off of Bluemound Road, a major artery to an array of amenities including banking, shopping and casual or fine dining
- Minutes access to I-94 leading to Downtown Milwaukee, Madison, Green Bay, and Chicago
- Building is adjacent to Parcel 23 that is Available for Purchase at $1.5M
Listing Contacts
Listed by Newmark - Milwaukee
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Zoning
O-LR/C/LI MixedMixed UseOffice And Limited Residential Commercial Limited Industrial District
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View all 59 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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