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Mixed-Use Building with Apartment
New
For Sale
$444,900

7718 W Becher St, West Allis, WI 53219

The ground-floor business and upper-level apartment are rented separately.

Property Size2,315 SF
Price / SF$192.18
Days on Market7

Property Features for 7718 W Becher St

General Information

Standard status Active
Size 2,315 SF
Property subtype Commercial

Amenities

spacious parking

Building Details

Year Built 1925
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Berkshire Hathaway HS Lake Country
Listed By: Brian Fendry · License #4282090
Source: Viewhomesinwisconsin
Added: Oct 8 Changed: Oct 13 Last Checked: Oct 13 at 2:20AM

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 Berkshire Hathaway HS Lake Country

Investment Insights

Based on property information with market context.

This brick mixed-use building has a business tenancy occupying the entire ground floor, with an apartment on the upper level rented separately. The building dates to 1925 and includes parking behind the property.

Located at 7718 W Becher St in West Allis, Wisconsin, the property combines commercial and residential occupancy in one building.

Key Highlights

  • Separate rentals for the ground‑floor business and upper apartment
  • Rear parking
  • Built in 1925

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,752
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,040 $575.0K
Cap Rate 7%
$410,743 $410.7K
Cap Rate 9%
$319,467 $319.5K
Market Conditions
NOI Build-Up for 2,315 SF
Gross rent
$50.0K $21.60/SF
− Vacancy
−$4.0K −$1.73/SF
EGI
$46.0K $19.87/SF
− OpEx
−$17.3K −$7.45/SF
NOI
$28.8K $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%
$575,040
Cap Rate 7%
$410,743
Cap Rate 9%
$319,467

Alternative Uses

Best Use
Mixed Use
$410.7K
$359.4K – $479.2K (±1% cap)
NOI $28,752 @ 7.0% cap · market cap 6.46%
Second Best
Retail
$343.2K
$300.3K – $400.4K (±1% cap)
NOI $24,021 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$556.3K
$486.8K – $649.0K (±1% cap)
NOI $38,942 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Food Market Parking Lot & Garage Grocery & Convenience Store Skin Care Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The ground-floor business and upper-level apartment are rented separately.
Where is this mixed-use property located?
The property is located at 7718 W Becher St West Allis, WI.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: Separate rentals for the ground‑floor business and upper apartment; Rear parking; Built in 1925
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