Brick Office Unit with Private
For Sale
Contact for pricing
1207 55th Street Street Lower, Kenosha, WI 53140
Downtown commercial space with dedicated parking, a conference room, and a private bathroom.
Property Size2,000 SF
Price / SF$0.95
Days on Market51
Property Features for 1207 55th Street Street Lower
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Public Transit
Yes
Amenities
law library
secure storage
private offices
conference room
private bathroom
Building Details
Year Built
1900
Buildings
1
Construction
brick
Listing Agency:
Berkshire Hathaway Home Services Epic Real Estate
Listed By:
Karmen Johnson
(262) 620-9740
Source:
Jwregwi
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 28 at 10:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Epic Real Estate
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Investment Insights
Based on property information with market context.
Built in 1900, this classic brick office property provides approximately 2000 SF of professional workspace in downtown Kenosha. The layout includes 4 private offices, 1 conference room, a private bathroom, law library space, and secure storage. Off-street parking serves the building, while separately metered utilities support straightforward occupancy planning.
The property sits within walking distance of the courthouse and train station. Its established configuration and long-standing attorney-office use provide a practical setting for professional services operations seeking a defined office layout in a central downtown location.
The property sits within walking distance of the courthouse and train station. Its established configuration and long-standing attorney-office use provide a practical setting for professional services operations seeking a defined office layout in a central downtown location.
Key Highlights
- Approximately 2000 SF of office space
- 4 private offices and 1 conference room
- Law library and secure storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,169
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,380
$503.4K
Cap Rate 7%
$359,557
$359.6K
Cap Rate 9%
$279,656
$279.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$42.0K $21.00/SF
− Vacancy
−$8.4K −$4.22/SF
EGI
$33.6K $16.78/SF
− OpEx
−$8.4K −$4.19/SF
NOI
$25.2K $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,380
Cap Rate 7%
$359,557
Cap Rate 9%
$279,656
Alternative Uses
Best Use
Office B
$359.6K
$314.6K – $419.5K
NOI $25,169 @ 7.0% cap · market cap 1,324.68%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.33M
$2.04M – $2.72M
NOI $162,992 @ 7.0% cap · market cap 8,578.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,752
Businesses Nearby
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Business Placement
Demographics for 53140, WI
30,571
Population
14,065
Households
2.2
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
3,870
Density / Sq Mi
$56,803
Median Household Income
$34,154
Median Earnings
$1,018
Median Rent
$191,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Downtown commercial space with dedicated parking, a conference room, and a private bathroom.
Where is this office unit located?
The property is located at 1207 55th Street Street Lower Kenosha, WI.
What are key features of this property?
This property features: Approximately 2000 SF of office space; 4 private offices and 1 conference room; Law library and secure storage areas
