Turn-Key Tavern
125 56th St Kenosha, WI 53140
125 56th St, Kenosha, WI, 53140
Contact for pricing
For Sale
Contact for pricing
Fully built-out tavern commercial condominium with 60 self-serve tap lines and a complete menu.
Property Size5,064 SF
Price / SF$296.01
Days on Market153
Property Features for 125 56th St
General Information
- Standard status
- Active
- Size
- 5,064 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing Agency
Berkshire Hathaway HomeServices Epic Real Estate
(262) 945-1100
Listed by
Mark Bourque · License #WI 56450-90
Source
Crexi
Added: Feb 18 Updated: Jul 20 at 6:09 pm Checked: Jul 20 at 6:09 pm
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 HomeServices Epic Real Estate
Investment Insights
Based on property information with market context.
This for-sale listing offers a fully built-out, turn-key tavern in a prime street-level commercial condominium format. The unit features a fresh build-out designed for immediate operation, including 60 self-serve tap lines and a full menu.
The property is located at 125 56th St in Kenosha, described as being just steps from the lakefront, HarborPark, and the city’s entertainment district. The listing is for a single commercial condominium unit and does not include any residential units.
Monthly HOA dues are $890.43, and the sale price reflects the commercial condo unit as presented.
The property is located at 125 56th St in Kenosha, described as being just steps from the lakefront, HarborPark, and the city’s entertainment district. The listing is for a single commercial condominium unit and does not include any residential units.
Monthly HOA dues are $890.43, and the sale price reflects the commercial condo unit as presented.
Key Highlights
- 2007‑built fully built‑out tavern commercial condominium with a complete menu
- Features 60 self‑serve tap lines
- Single commercial condominium unit only; excludes any residential units
Local Financial Insights For Specialty 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 | $91.2k | $18.00 |
| − Vacancy | −$5.3k | −$1.04 |
| EGI | $85.9k | $16.96 |
| − OpEx | −$21.5k | −$4.24 |
| NOI | $64.4k | $12.72 |
5,064 SF · lease $18.00/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$920.0K
$805.0K – $1.07M
NOI $64,399 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.90M
$5.16M – $6.88M
NOI $412,696 @ 7.0% cap · market cap 27.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kenosha Tap House
Bar & Pub
Ashling On the Lough
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Kenosha Creative Space, Inc. — 624 57th St, Kenosha, WI 53140
- Century Pub and Eatery — 5511 6th Ave, Kenosha, WI 53140
- Fec's Place — 5523 6th Ave, Kenosha, WI 53140
- Crow's Nest Rooftop Bar — 5706 8th Ave, Kenosha, WI 53140
- The 1844 Table & Mash — 5706 8th Ave, Kenosha, WI 53140
FAQs
What type of property is this?
Bar & Pub - Fully built-out tavern commercial condominium with 60 self-serve tap lines and a complete menu.
Where is this bar & pub located?
The property is located at 125 56th St Kenosha, WI.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 2007‑built fully built‑out tavern commercial condominium with a complete menu; Features 60 self‑serve tap lines; Single commercial condominium unit only; excludes any residential units
