405 N Lake Ave, Twin Lakes, WI 53181
Retail - Twin Lakes, WI
- Added:
- Nov 16, 2025
- Days on Market:
- 221
- Last Refresh:
- Jun 25 at 12:06 am
Property Features for 405 N Lake Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- B-1
- Security features
- Security Lighting
- Interior features
- Fixtures, Handicap Access, Handicap Equipped, Rest Rooms
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 89-4-119-211-1300
- Size
- 6,200 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3258.27
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Building materials
- Other
- Roof type
- Other
- Architectural style
- Other
Listing agent Michael Laiacono License #86323-94 (847) 344-1118
Listing office RE/MAX Plaza 101 Broad St. Suite #102, Lake Geneva, WI 53147, Lake Geneva, WI (262) 249-5900
Listing date Nov 16, 2025
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Opportunity to operate 4 businesses in a downtown location.
- Currently generates $4500/month from 3 occupied spaces.
- One recently renovated space available to lease for $1500/month.
- Total potential monthly income of $6000.
- Handicap access and equipped with accessible approach with ramp.
- Includes fixtures and restrooms.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.6k | $18.00 |
| − Vacancy | −$6.5k | −$1.04 |
| EGI | $105.1k | $16.96 |
| − OpEx | −$31.5k | −$5.09 |
| NOI | $73.6k | $11.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Twin Lakes
- County
- Kenosha
- State
- Wisconsin
- Longitude
- -88.247557
- Latitude
- 42.535063
