Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    West Allis Restaurant Franchise Opportunity Title is generated by Realmo AI

    10706 W Greenfield Ave, West Allis, WI 53214

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey restaurant franchise opportunity in West Allis, Wisconsin.

    Type:Business for Sale, Retail
    Property size:
    1,900 SF
    Price / SF:
    $97/SF
    Added:
    Jun 7, 2025
    Days on Market:
    348
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 10706 W Greenfield Ave

    General Information

    Standard status
    Active
    Size
    1,900 SF
    Property subtype
    Business for Sale, Retail

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Kristen Parks
    Kristen Parks

    Listing agent Kristen Parks License #90341-94

    Listing office Anderson Commercial Group, LLC

    Listing date Jun 7, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Anderson Commercial Group, LLC

    HighLights

    • Turnkey George Webb franchise opportunity with established locations.
    • Includes all furniture, equipment, and fixtures for a seamless transition.
    • West Allis location is approximately 1,900 SF with ample parking.
    • Successful restaurant in operation since 2016, providing a stable foundation.
    • Strategic location with high household density (6,726 households within a 1‑mile radius).
    • Option to purchase the entire portfolio or individual locations.

    Overview

    This is a turnkey opportunity to acquire a George Webb franchise restaurant located at 10706 W Greenfield Ave, West Allis, WI 53214. The restaurant has been in operation since 2016. The restaurant size is approximately 1,900 SF. The offering includes all furniture, equipment, and fixtures. The location benefits from its position amongst 6,726 households within a 1-mile radius, with a total population of 14,257. Ample parking space is available for customers. The portfolio can be purchased together or split up into individual sales.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0460037
    Latitude
    43.01676

    Nearby Similar for Sale

    • $344,900

      West Allis Two-Family Home

      Well-maintained duplex on a double lot with income potential.
      2179 S 84th St, West Allis, WI 53227
      View Details
    • $299,900

      Charming Duplex with Rental Income

      West Allis duplex with studio apartment and desirable features.
      1602 S 75th St, West Allis, WI 53214
      View Details
    • $220,000

      West Allis Move-In Ready Duplex

      Affordable, updated duplex in a convenient West Allis location.
      2219 S 70th St, West Allis, WI 53219
      View Details
    • $359,900

      West Allis Duplex with Charm

      Charming duplex with modern upgrades in West Allis, Wisconsin.
      5813 W Filmore Dr, West Allis, WI 53219
      View Details
    • $299,900

      West Allis Duplex with Updates

      Spacious duplex with updates, ideal for investors or owner-occupants.
      2175 S 89th St, West Allis, WI 53227
      View Details
    • $1,550,000
      8,732 SF

      USPS Investment Opportunity in West Allis

      Condo unit leased to USPS with redevelopment potential.
      11015 W Oklahoma Ave | West Allis, WI 53227
      View Details
    • $1,930,000
      13,986 SF

      Freestanding Retail Property in West Allis

      Single-tenant retail property leased to Dollar Tree Stores, Inc.
      10725 West Greenfield Avenue, West Allis, WI, 53214
      View Details
    • $2,600,000
      19,173 SF

      Former Retail Space For Sale

      High-visibility retail space suitable for retail, medical, or service uses.
      9220 W Greenfield Ave, West Allis, WI
      View Details
    • $299,900

      Versatile Brick Building Investment Opportunity

      Mixed-use building with commercial space and apartments for sale.
      7746 W Becher St, West Allis, WI 53219
      View Details
    • $495,000
      4,560 SF

      West Allis Retail Space

      Retail space available in West Allis, Wisconsin, spanning 4,560 SqFt.
      7528 W Becher St, West Allis, WI 53219
      View Details
    • $550,000
      7,000 SF

      West Allis Storefront Property

      Retail property with two storefront entrances and garage in back.
      7125 W Greenfield Ave, West Allis, WI
      View Details
    • $750,000

      West Allis Retail Opportunity

      Retail space available in West Allis, Wisconsin.
      I-894 W & W Lincoln Ave | West Allis, WI 53227
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant franchise opportunity in West Allis, Wisconsin.
    Where is this conventional restaurant located?
    The property is located at 10706 W Greenfield Ave West Allis, WI.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: Turnkey George Webb franchise opportunity with established locations.; Includes all furniture, equipment, and fixtures for a seamless transition.; West Allis location is approximately 1,900 SF with ample parking.
    (414) 858-5226 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kristen Parks
    Kristen Parks
    Real Estate License ID: 90341-94
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10706 W Greenfield Ave, West Allis, WI 53214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!