For Sale
$775,000

8101 Greenfield AveWest Allis, WI 53214

Historic West Allis bar & restaurant, huge potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional opportunity presents the chance to acquire The State Fair Inn, a historic West Allis establishment located at 8101 W Greenfield Ave, WI 53214. This 6,531 square foot, three-story building sits on a 0.18-acre lot and boasts a prime location directly across Greenfield Avenue from the Wisconsin State Fair Grounds, attracting 1.6 million annual visitors. Originally constructed by the Schlitz Family in 1900 and offered for sale for the first time since 1921, this fee-simple property is zoned C-2. The ground floor currently operates as a turnkey bar and restaurant, complete with all furniture, fixtures, and equipment (inventory negotiable). The upper two floors offer significant value-add potential, suitable for conversion into a bed and breakfast, rooming house, or apartments. With 13 parking spaces and an asking price of $775,000 ($118.66/sq ft), this property presents a unique blend of established business and redevelopment opportunity. The property includes APN numbers 4520265000 & 452026000. This owner/user investment opportunity is classified as a value-add.

Highlights

  • Ground floor bar and restaurant with existing operations; second and third floors available for renovation.
  • Includes existing equipment and fixtures; inventory available for separate negotiation.

Property Details for 8101 Greenfield Ave

Property type
Retail properties, Restaurants
Square Feet
6,531 SF
Year Built
1900
Buildings
1
Stories
3
Lot Size (sq. ft)
7,841 SF

Location Insight

City
West Allis
County
Milwaukee
State
Wisconsin
Latitude
43.016649279416
Longitude
-88.012889167869
8101 Greenfield Ave, West Allis, Wisconsin

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8101 Greenfield Ave
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