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    Duplex and Salon Investment Opportunity Title is generated by Realmo AI

    7000 W National Ave, West Allis, WI 53214

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    Well-maintained duplex and salon building with immediate cash flow.

    Type:Mixed Use, Retail
    Property size:
    2,022 SF
    Price / SF:
    $173/SF
    Added:
    Mar 23, 2026
    Days on Market:
    97
    Last Refresh:
    Mar 25 at 8:43 am

    Property Features for 7000 W National Ave

    General Information

    Standard status
    Active
    Size
    2,022 SF
    Property subtype
    Mixed Use, Retail

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    Michael Borowski

    Listing office Homestead Realty, Inc

    Listing date Mar 23, 2026

    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 Homestead Realty, Inc

    HighLights

    • Immediate cash flow with tenants in place
    • Multiple income streams from duplex and salon building
    • Turnkey commercial asset with strong rental history
    • Numerous updates providing peace of mind and reduced maintenance
    • Vacant commercial space ideal for owner occupant
    • Excellent addition to any investment portfolio

    Overview

    This well-maintained property features a duplex and a salon building, offering immediate cash flow. The property provides multiple income streams with tenants currently in place. Numerous updates have been completed, potentially reducing future maintenance needs. This property is suitable for investors seeking a stable, turnkey commercial asset with a strong rental history and future upside potential. The commercial space is currently vacant.

    Local Financial Insights For Mixed Use

    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 $48.5k $24.00
    − Vacancy −$8.7k −$4.32
    EGI $39.8k $19.68
    − OpEx −$14.9k −$7.38
    NOI $24.9k $12.30
    2,022 SF · lease $24.00/SF/yr · vacancy 18.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $355.3K
    $310.9K – $414.5K (±1% cap)
    NOI $24,871 @ 7.0% cap · market cap 7.11%
    Second Best
    Multifamily LT 5
    $309.5K
    $270.9K – $361.1K (±1% cap)
    NOI $21,668 @ 7.0% cap · market cap 6.19%
    Theoretical Best
    Office A
    $479.5K
    $419.6K – $559.4K (±1% cap)
    NOI $33,564 @ 7.0% cap · market cap 9.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0004171
    Latitude
    43.0132198

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex and salon building with immediate cash flow.
    Where is this duplex located?
    The property is located at 7000 W National Ave West Allis, WI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Immediate cash flow with tenants in place; Multiple income streams from duplex and salon building; Turnkey commercial asset with strong rental history
    More about this property
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