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$575,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 8,404 Sq. Ft.
  • Updated 16 hours ago
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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! Contact the listing agent for add'l details.

Full Property Details for 7201 W Greenfield Ave

General

  • Price: $575,000
  • Taxes: $9,863 (2025)
  • Status: Active
  • Type: Retail
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1984756
  • Updated: 10/14/2026
  • Added to Site: 1 day(s) ago

Additional Information

  • Other Features: Office(s), Restrooms

Location

  • Municipality: City
  • County: Milwaukee
  • Driving Directions: Corner of 72nd and Greenfield
  • Dist. to Freeway: Less than 1 Mile
  • Location Details: Corner, Freestanding, Near Public Transit

Heating & Cooling

  • Heating/Cooling: Forced Air, Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Structure Type: Retail
  • Exterior Const.: Brick, Stucco
  • Basement Desc.: Full
  • Roof: Tar/Gravel
  • Ceiling Height: 8 to 10 Feet
  • Drive-In Clearance: No Truck Door
  • Stories Description: 2
  • Square Feet: 8,404
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.12
  • Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
  • Zoning: Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $9,863
  • Tax Year: 2025

Listed by Shorewest Realtors, Inc.

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Listing agent

— 7201 W Greenfield Ave —

  • Shorewest Realtors, Inc.

PropertyInfo@shorewest.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7201 W Greenfield Ave

School District:West Allis School District
NameGradesDistance
Jefferson Elementary School, West Allis, WI
7229 West Becher Street, West Allis, WI 53219
K-50.8 mi
West Milwaukee Intermediate School
5104 West Greenfield Avenue, West Milwaukee, WI 53214
6-81.3 mi
Central High School, West Allis, WI
8516 West Lincoln Avenue, West Allis, WI 53227
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7201 W Greenfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/14/2026
Listed
$575,000
27.78%
MLS
6/18/2025
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7201 W Greenfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,863
38%
$352,800
—
2024
$7,130
-44%
$352,800
-22%
2023
$12,735
—
$451,600
—
2022
$12,693
2%
$451,600
—
2021
$12,462
-7%
$451,600
—
2020
$13,394
2%
$451,600
—
2019
$13,082
11%
$451,600
36%
2018
$11,785
-5%
$333,200
—
2017
$12,384
37%
$333,200
—
2016
$9,038
1%
$333,200
—
2015
$8,993
-21%
$333,200
—
2014
$11,443
-3%
$333,200
—
2013
$11,800
9985%
$333,200
-8%
2012
$117
—
$362,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Shorewest Realtors, Inc.

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7201 W Greenfield Ave, West Allis, WI 53214 (MLS# 1984756) is a Retail property. 7201 W Greenfield Ave is currently listed for $575,000 and was received on October 14, 2026. Want to learn more about 7201 W Greenfield Ave? Do you have questions about finding other Retail real estate for sale in West Allis? You can browse all West Allis real estate or contact a Coldwell Banker agent to request more information.

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