4763 N 124th St, Butler, WI 53007
Retail,Special Purpose,Wholesale - Butler, WI
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 12:06 pm
Property Features for 4763 N 124th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- com
- Interior features
- Carpeting, Display Window, Fixtures, Inside Storage, Living Space Avail., Office(s), Rest Rooms
- Exterior features
- 220 Volt Power
- Standard status
- Active
- APN
- BV1009034
- Size
- 2,450 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3736
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1912
- Floors in Building
- 2
- Building materials
- Aluminum Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jeffrey Munson License #58157-94 (414) 403-6244
Listing office HomeWire Realty 4437 State Road 60, Slinger, WI 53086, Wauwatosa, WI (414) 403-6244
Listing date Jun 25, 2026
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1912‑built building with aluminum siding and a composition roof
- Natural gas heating; new boiler and upgraded electrical
- Upstairs rental offers a 900+ SF open floorplan with in‑unit laundry
- Main level includes a bedroom and was previously used as a hair salon/retail/office
- 220‑volt power plus inside storage; includes office(s) and rest rooms
- Rear lot provides four vehicle+ parking; two apartments reportedly bring in almost $2,000/month
Overview
Located in the Village of Butler at 4763 N 124th St, the building is described as having high visibility along 124th St. Prospective buyers should verify measurements and confirm what uses are allowed under the applicable zoning.
With commercial zoning and two separate living areas, this property may fit tenants or buyers looking for a combined setup—commercial operations on the ground floor and a residential rental component above. Buyers are encouraged to conduct their own due diligence regarding allowable uses, building measurements, and unit configurations.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $21.00 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $49.6k | $20.24 |
| − OpEx | −$14.9k | −$6.07 |
| NOI | $34.7k | $14.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Butler
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.066433
- Latitude
- 43.103963
