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    2929 Roosevelt Rd Kenosha, WI 53143

    For Lease
    $28 SF/Yr

    Restaurant - Kenosha, WI

    Days on Market:
    172
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 2929 Roosevelt Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1947
    Number of units
    1
    Architectural style
    Other

    NetGar Investments Inc. (847) 263-8100 [email protected]

    Listing agent Gary Powell (847) 263-8100 License #475101463

    Listing date Jun 17, 2025

    MLS# 12395904 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kenosha Restaurant Opportunity

    This long-time Kenosha landmark presents an excellent opportunity to operate a diner or drive-in. The property features updated kitchen equipment and approximately over 20 parking stalls. It benefits from full, unrestricted right-in/right-out and left-in/left-out access points onto Roosevelt Road and 30th Avenue. The adaptable building is zoned commercial (B-2). Situated on a corner location, the property offers high visibility and accessibility. This location is excellent for a drive-through restaurant or ice cream parlor, among many other possibilities. The property offers an opportunity for a quick start on your business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Andy's Drive-In Diner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8450064
    Latitude
    42.5717814

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    FAQs

    What type of property is this?
    Drive through restaurant - Long-standing diner/drive-in with updated kitchen equipment and ample parking.
    Where is this drive through restaurant located?
    The property is located at 2929 Roosevelt Rd Kenosha, WI.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner location with high visibility and multiple access points onto Roosevelt Road and 30th Avenue.; - Adaptable building with commercial zoning, suitable for various business types.; - Updated kitchen equipment for immediate business operation.
    (847) 263-8100
    Request Owner's contact information
    2929 Roosevelt Rd Kenosha, WI 53143
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    Kenosha, WI 53143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2929 Roosevelt Rd Kenosha, WI 53143
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