Tavern With Upstairs
1548 Sheridan ROAD Kenosha, WI 53140
1548 Sheridan ROAD, Kenosha, WI, 53140
$895,000
For Sale
$895,000
Established tavern with an apartment above, plus included 4-bedroom home and vacant land.
Property Size3,784 SF
Price / SF$236.52
Days on Market407
Property Features for 1548 Sheridan ROAD
General Information
- Standard status
- Active
- Size
- 3,784 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1920
Listing agency
Homestead Realty, Inc
(262) 945-1673
Listed by
Jerry Hornik · License #50465-90
(262) 945-1673
Source
Xome
Added: Jun 11, 2025 Updated: Jul 22 at 12:36AM Checked: Jul 22 at 12:36AM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
This well-established tavern includes an apartment above. The sale includes furniture, fixtures, and equipment, with the note that certain machines are leased. The property package also includes a 4-bedroom home (tax #8342231840815) and vacant land (tax #8342231840825), which are included in the sale price.
The property is conveniently located on Sheridan Rd in Kenosha, WI, close to Carthage College.
Prospective buyers are encouraged to rely on their own due diligence regarding all measurements and related details.
The property is conveniently located on Sheridan Rd in Kenosha, WI, close to Carthage College.
Prospective buyers are encouraged to rely on their own due diligence regarding all measurements and related details.
Key Highlights
- Established tavern with an apartment above
- Includes furniture, fixtures, and equipment; machines are leased
- Zoned B‑3 C‑1
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 | $68.1k | $18.00 |
| − Vacancy | −$4.0k | −$1.04 |
| EGI | $64.2k | $16.96 |
| − OpEx | −$16.0k | −$4.24 |
| NOI | $48.1k | $12.72 |
3,784 SF · lease $18.00/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$687.4K
$601.5K – $802.0K
NOI $48,121 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.41M
$3.85M – $5.14M
NOI $308,381 @ 7.0% cap · market cap 34.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spic-N-Span Cleaning Service
(Bike/Boat/Book/etc) Store
House
Bar & Pub
GetsAttention
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Starbucks — 2001 Alford Park Dr, Kenosha, WI 53140
- House — 1548 Sheridan Rd, Kenosha, WI 53140
FAQs
What type of property is this?
Bar & Pub - Established tavern with an apartment above, plus included 4-bedroom home and vacant land.
Where is this bar & pub located?
The property is located at 1548 Sheridan ROAD Kenosha, WI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Established tavern with an apartment above; Includes furniture, fixtures, and equipment; machines are leased; Zoned B‑3 C‑1
