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Established Footwear Retail Business
For Sale
$89,900

5427 S 108th Street, Hales Corners, WI 53130

Operating cobbler business includes retail inventory, repair equipment, and transition training for the incoming owner.

Property SizeContact for details
Days on Market16

Property Features for 5427 S 108th Street

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,888
Listing Agency: Homeowners Concept
Listed By: Jacqueline Salemme · License #5021194
Source: Exprealty
Added: Aug 24 Changed: Sep 6 Last Checked: Sep 8 at 9:08AM

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 Homeowners Concept

Investment Insights

Based on property information with market context.

An operating footwear and shoe-repair business is available without the underlying real estate. The business includes retail merchandise, repair equipment, and an established local operating history spanning 30 years. The current owner will remain for a minimum of 30 days after closing to train the successor and demonstrate day-to-day procedures.

The business operates from 5427 S 108th Street in Hales Corners, Wisconsin. The existing lease may be assigned to the new owner or renegotiated with the building owner, providing a defined path for continued occupancy while preserving flexibility in lease terms.

Key Highlights

  • 30‑year operating history
  • Footwear retail and shoe‑repair business
  • Retail inventory included

Property Analytics

Current Use

Michael's Footwear Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 53130, WI

7,743
Population
3,279
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
2,420
Density / Sq Mi
$86,806
Median Household Income
$53,544
Median Earnings
$1,274
Median Rent
$290,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Operating cobbler business includes retail inventory, repair equipment, and transition training for the incoming owner.
Where is this retail space located?
The property is located at 5427 S 108th Street Hales Corners, WI.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 30‑year operating history; Footwear retail and shoe‑repair business; Retail inventory included
More about this property
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