2200 108Th StWest Allis, WI 53227

  • Commercial real estate
  • 0.54 AC
For Sale
$1,900,000 View listing

Property Details for 2200 108Th St

Lot size
0.54 AC
Property type
Commercial real estate
APN
480-2001-000
APU
4802001000

Description

This exceptional investment opportunity presents a prime multi-tenant retail strip mall located at 2200 S 108th St, West Allis, Wisconsin, 53227. The property, known as Grant Plaza, is situated on a high-traffic retail corridor in the bustling West Allis area, ensuring consistent foot traffic and strong tenant occupancy. Currently, the property boasts four tenants operating under long-term, net-net-net (NNN) lease agreements, providing a stable and predictable income stream. The asking price for this lucrative investment is $1,900,000. Detailed financial statements (P&L) are available upon request for qualified buyers. This is an excellent opportunity to acquire a well-established, income-producing retail property in a thriving Wisconsin market. The property is classified as both retail and land, offering significant potential for future development or expansion. The property's location in Milwaukee County provides easy access to major transportation routes and a large consumer base. This is a rare chance to secure a strong, established retail investment in a prime location. Serious inquiries only. Financial documentation will be provided to qualified buyers after a non-disclosure agreement is signed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,870,477
    Hospitality
    $4,461,330
    Educational
    $3,711,775
    Medical
    $3,839,428
    Retail
    $5,773,872
2200 108Th St, West Allis, Wisconsin

Location Insight

City
West Allis
County
Milwaukee
State
Wisconsin
Latitude
43.0041
Longitude
-88.0464
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$30,084
$274,800
$792,800
$1,067,600
-
-
-
$1,487,100

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