Brick Mixed-Use
For Sale
$200,000
7234 W Becher Street, West Allis, WI 53219
A street-level business area and two-bedroom residence share the same C-2-zoned property.
Property Size1,200 SF
Price / SF$166.67
Days on Market8
Property Features for 7234 W Becher Street
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
C-2
Building Details
Building Size
1,200 SF
Year Built
1925
Buildings
1
Construction
brick
Listing Agency:
Exp Realty, LLC Mke
(866) 848-6990
Listed By:
D'antae Powers · License #5937290
(414) 807-5327
Source:
Coactionrealestate
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 3:44AM
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 Exp Realty, LLC Mke
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Investment Insights
Based on property information with market context.
This brick mixed-use building combines a street-facing business area with a residential unit containing two bedrooms and one bathroom. A full basement is part of the property. The building dates to 1925.
The property occupies a corner at 7234 W Becher Street in West Allis and is zoned C-2. Commercial and residential components are present within the same building.
The property occupies a corner at 7234 W Becher Street in West Allis and is zoned C-2. Commercial and residential components are present within the same building.
Key Highlights
- Mixed‑use building with a front business area and residential unit
- Residential unit includes 2 bedrooms and 1 bathroom
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,904
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,080
$298.1K
Cap Rate 7%
$212,914
$212.9K
Cap Rate 9%
$165,600
$165.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$2.1K −$1.73/SF
EGI
$23.8K $19.87/SF
− OpEx
−$8.9K −$7.45/SF
NOI
$14.9K $12.42/SF
Area
ZIP 53219
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,080
Cap Rate 7%
$212,914
Cap Rate 9%
$165,600
Alternative Uses
Best Use
Mixed Use
$212.9K
$186.3K – $248.4K
NOI $14,904 @ 7.0% cap · market cap 7.45%
Second Best
Office B
$196.0K
$171.5K – $228.7K
NOI $13,721 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$288.4K
$252.3K – $336.4K
NOI $20,186 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 53219, WI
34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level business area and two-bedroom residence share the same C-2-zoned property.
Where is this mixed-use property located?
The property is located at 7234 W Becher Street West Allis, WI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Mixed‑use building with a front business area and residential unit; Residential unit includes 2 bedrooms and 1 bathroom; Full basement
