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Property profile & analytics
OFF-MARKET
Specialty properties

1526 72Nd St West Allis, WI 53214

64,573 SF 1.7 ac lot Built 1957
Property ID
Property summary
AI-generated overview

This exceptional 64,573 square foot property, located at 1526 S 72nd Street in West Allis, Wisconsin, presents a unique investment opportunity. Situated on a 1.7-acre lot (APN 4530223001), this building, constructed in 1957, is zoned for retail and special purpose uses, offering significant potential for adaptive reuse. The property boasts a wealth of features, including a vintage gymnasium and stage, perfect for a variety of entertainment or community uses. Fifteen large classrooms provide ample space for educational, office, or creative endeavors. A lower-level cafeteria, complete with a commercial kitchen and equipment, is ready for immediate use. Additional lower-level storage or flexible space adds to the property's versatility. The central West Allis location provides excellent visibility and accessibility. While the property currently lacks an elevator, its substantial size and diverse features make it an attractive prospect for developers and investors seeking a large-scale project with significant redevelopment potential. The asking price is $2,800,000. This property is a rare find in a thriving Wisconsin community.

Property profile
Verified
Property type Specialty properties
Year built 1957
Total area 64,573 SF
Lot 1.7 ac (74,052 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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