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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

907 84Th St West Allis, WI 53214

4,000 SF 0.79 ac lot Built 1939
Property ID
Property summary
AI-generated overview

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
Verified
Property type Retail properties & Spaces
Year built 1939
Total area 4,000 SF
Lot 0.79 ac (34,412 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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