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Freestanding Single-Tenant Restaurant Building
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3707 30th Avenue, Kenosha, WI 53144

Freestanding, single-story restaurant with commercial kitchen, 28 parking spaces, and B-1 zoning on a hard-corner lot.

Property Size3,246 SF
Lot Size0.29 Acres
Price / SF$215.03
Days on Market110

Property Features for 3707 30th Avenue

General Information

Standard status Active
Size 3,246 SF
Class B
Total Parking Spaces 28
Lot size 0.29 Acres
Property subtype Retail, Hospitality
Zoning B-1
Investment Type Owner/User

Site & Location

Traffic Count 13,600 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Year Built 1981
Stories 1
Units 1
Tenancy Single
Listing Agency: EatZ Real Estate Group LLC
Listed By: Tom Traina · License #471021331
Source: Crexi
Added: Jun 19 Changed: Sep 28 Last Checked: Oct 5 at 6:32PM

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 EatZ Real Estate Group LLC

Investment Insights

Based on property information with market context.

This freestanding, single-story, single-tenant restaurant building was built in 1981 and is offered together with the real estate it occupies. The property includes a fully equipped commercial kitchen and dining room, with seating for 109. The building is supported by 3-5 ton rooftop AC units, and the offering includes furniture, fixtures, and equipment (FF&E). With pylon signage and curb cuts designed for in-and-out access, the layout is positioned for straightforward restaurant operations.

The restaurant sits on a hard-corner 0.29-acre parcel with 47 feet of frontage on 30th Avenue and 28 on-site surface parking spaces. Two curb cuts support convenient vehicle flow, and the corner location provides visibility along a well-traveled corridor. The area is described as densely populated and established, with meaningful day and residential populations reported within one and three-mile radii.

B-1 commercial zoning supports continued restaurant use as well as a range of other retail or commercial uses, which may allow a buyer to maintain the current concept or re-concept under a new banner. The property may also be considered for leasing to a restaurant tenant. The offering is presented as turnkey for a buyer who wants to keep the breakfast-and-lunch restaurant operating, with financial statements available to qualified buyers upon execution of a confidentiality agreement.

Key Highlights

  • Freestanding single‑tenant restaurant building built in 1981 with a fully equipped commercial kitchen and dining room
  • 3,246 SF single‑story restaurant on a 0.29‑acre (12,632 SF) hard‑corner lot with 47' frontage on 30th Avenue
  • 28 on‑site surface parking spaces plus a pylon sign and two curb cuts for easy in‑and‑out access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,279
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,580 $825.6K
Cap Rate 7%
$589,700 $589.7K
Cap Rate 9%
$458,656 $458.7K
Market Conditions
NOI Build-Up for 3,246 SF
Gross rent
$58.4K $18.00/SF
− Vacancy
−$3.4K −$1.04/SF
EGI
$55.0K $16.96/SF
− OpEx
−$13.8K −$4.24/SF
NOI
$41.3K $12.72/SF
Area
Kenosha County, WI
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,580
Cap Rate 7%
$589,700
Cap Rate 9%
$458,656

Alternative Uses

Best Use
Specialty Retail
$589.7K
$516.0K – $688.0K (±1% cap)
NOI $41,279 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.78M
$3.31M – $4.41M (±1% cap)
NOI $264,536 @ 7.0% cap · market cap 37.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Springwood Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13,600 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Speedway Shops & Services
18,800 visits/mo 0.1 miles
Chase Bank Shops & Services
6,263 visits/mo 0.1 miles
SUBWAY Dining
2,925 visits/mo 0.1 miles
Citgo Shops & Services
1,626 visits/mo 0.1 miles

Demographics for 53144, WI

26,702
Population
10,731
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
43.4 sq mi
ZIP Area
615
Density / Sq Mi
$71,111
Median Household Income
$42,017
Median Earnings
$1,136
Median Rent
$248,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding, single-story restaurant with commercial kitchen, 28 parking spaces, and B-1 zoning on a hard-corner lot.
Where is this conventional restaurant located?
The property is located at 3707 30th Avenue Kenosha, WI.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Freestanding single‑tenant restaurant building built in 1981 with a fully equipped commercial kitchen and dining room; 3,246 SF single‑story restaurant on a 0.29‑acre (12,632 SF) hard‑corner lot with 47' frontage on 30th Avenue; 28 on‑site surface parking spaces plus a pylon sign and two curb cuts for easy in‑and‑out access
More about this property
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