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    1025 108 St West Allis, WI 53214

    Sponsored
    For Sale
    $795,000

    7,375 SF Office & Retail Space, WI

    Property size:
    7,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story commercial building, located at 1025 S 108th St in West Allis, Wisconsin, presents a unique investment opportunity. Boasting 7,375 square feet, the property features a blend of office and retail space, ideal for a variety of uses. The building, constructed in 1950, is situated on a 0.33-acre lot and benefits from a C-3 zoning designation. The first floor encompasses approximately 1,688 square feet of retail space, currently generating income from a law office tenant. Upstairs, multiple smaller office suites range from 695 to 1,500 square feet, providing flexibility for various tenants. The building's masonry construction with a brick exterior ensures durability and curb appeal. Ample parking is available, with a ratio of 1.63 spaces per 1,000 square feet. The property enjoys excellent visibility and accessibility, situated on Highway 100, just south of Interstate 94 at the Zoo Interchange, experiencing high traffic volume of approximately 159,000 vehicles daily. The asking price is $795,000, translating to $107.80 per square foot. This property is well-suited for a variety of businesses, including professional offices, general retail, event spaces, and more. The modified lease structure and multi-tenancy provide a stable income stream and potential for future growth.

    Property Features for 1025 108 St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,375 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1950
    Stories
    2

    HighLights

    • $795,000 asking price for a 7,375 SF multi‑tenant commercial building.
    • Located at 1025 S 108th St, West Allis, WI 53214, in a C‑3 zoned area.
    • Features a mix of executive office suites (695‑1,500 SF) and approximately 1,688 SF of ground floor retail space.
    • Building boasts a 1.63:1,000 parking ratio and masonry construction.
    • High visibility location on Hwy 100, near I‑94 at the Zoo Interchange, with 159,000 vehicles passing daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Erdmann Law Offices, ... Attorney Ellsworth Criminal Law Criminal Justice Attorney Select Technical Staffing Employment Agency Skymark Home Lending ... Mortgage Lender

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -88.0475029
    Latitude
    43.0203103

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    FAQs

    What type of property is this?
    Office Property / Space - 7,375 SF Office & Retail Space, WI
    Where is this office property / space located?
    The property is located at 1025 108 St West Allis, WI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price for a 7,375 SF multi-tenant commercial building.; Located at 1025 S 108th St, West Allis, WI 53214, in a C-3 zoned area.; Features a mix of executive office suites (695-1,500 SF) and approximately 1,688 SF of ground floor retail space.
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    1025 108 St West Allis, WI 53214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1025 108 St West Allis, WI 53214
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