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Milwaukee CountyMLS 1984756

7201 W Greenfield Ave

West Allis, Wisconsin 53214

$575,000

7201 W Greenfield Ave, West Allis, photo 1 of 9
—Bedrooms
—Bathrooms
8,404Square feet
1925Year built

About this home

Huge investment & redevelopment opportunity in heart of downtown West Allis! 2-story brick commercial building on corner lot at 72/Greenfield Ave, offers over 8,000 sq ft city records. 1st flr w/2 dedicated retail spaces, includes established, long-term tenant occupying approximately a third of the building. 2nd flr offers blank canvas for your future development ideas. Current gross rental +/- $42,000 annually, with significant potential to increase income & maximize the property's value. Redevelopment incentives available through the City of West Allis. Be part of the exciting revitalization happening in this vibrant downtown location. A rare opportunity for investors, entrepreneurs, & developers to bring new life to this versatile property!

Virtual tour

Facts & features

Status
For Sale
Property type
Comm/Industrial
Year built
1925
Finished sq ft
8,404
Lot size
0.12 acres
Basement
Full
Annual taxes
$9,863 (2025)
County
Milwaukee
Days on market
33
MLS#
1984756
Construction
Stucco, Brick
Roof
Tar/Gravel
Water
Municipal Water
Sewer
Municipal Sewer
Zoning
Commercial

Location

Directions: Corner of 72nd and Greenfield

Estimated monthly payment

$3,846/mo

Principal & interest
$2,908
Property tax
$822
Insurance (estimate)
$117

20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers

Listing courtesy of Shorewest Realtors, Inc. · Robert Wood. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Nov 13, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.