Property summary
This exceptional mixed-use investment opportunity in West Allis, Wisconsin, presents a compelling chance for owner-users or developers. Located at 907 S 84th St, this property boasts a prime location near the State Fair Park, offering high visibility and convenient access. The 0.79-acre lot encompasses two buildings, each two stories, totaling 5,000 net rentable square feet. Currently operating as a thriving bar (El Sagitario) with additional rental units, the property generates a substantial NOI of $73,000, representing a strong 9.73% cap rate. The asking price is $750,000. The property includes 55 parking spaces in a separate lot, plus a three-car garage, adding further value. Built in 1939, the property is zoned commercial and offers significant redevelopment potential. The current tenant mix includes two tenants, and the property is sold as-is. The seller is motivated and retiring, making this a unique opportunity to acquire a well-situated, income-producing asset with considerable upside. The property's proximity to the State Fair Park provides excellent visibility and potential for increased foot traffic. This is a rare chance to acquire a mixed-use property with strong cash flow and significant redevelopment potential in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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