Remodeled Office
For Sale
$599,900
4235 Green Bay Rd, Kenosha, WI 53144
Y, Kenosha, WI
Property Size2,700 SF
Price / SF$222.19
Days on Market143
Property Features for 4235 Green Bay Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
G2-Commercial
Directions
Green Bay Road (HWY 31) to address
Standard status
Active
APN
0822227486008
Size
2,700 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3567
Building Details
Year built
1977
Architectural style
Other
Listing Agency:
Better Homes and Gardens Real Estate Power Realty
(262) 654-7653
Listed By:
Michael Zoerner · License #56989-90
(262) 818-5442
Added: May 16
Changed: Aug 31
Last Checked: Oct 5 at 3:06PM
MLS# 1963052
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.
Investment Insights
Based on property information with market context.
Located at 4235 Green Bay Rd in Kenosha, this 2,700-square-foot office property was built in 1977 and recently remodeled. The space is currently arranged as one larger suite created by combining two office units, while separate parcel numbers remain in place for each component. The configuration can be returned to two individual units if needed.
The property is zoned G2-Commercial and includes parking positioned at the front and rear of the building. Ownership is within the Wambolt Condominium Association, whose dues cover exterior maintenance. The layout and existing parcel structure provide flexibility for an owner-user, professional office operation, or separate-unit strategy.
The property is zoned G2-Commercial and includes parking positioned at the front and rear of the building. Ownership is within the Wambolt Condominium Association, whose dues cover exterior maintenance. The layout and existing parcel structure provide flexibility for an owner-user, professional office operation, or separate-unit strategy.
Key Highlights
- 2,700 SF office property in Kenosha
- Recently remodeled commercial office space
- Two combined office units with separate parcel numbers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,977
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,540
$679.5K
Cap Rate 7%
$485,386
$485.4K
Cap Rate 9%
$377,522
$377.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$56.7K $21.00/SF
− Vacancy
−$11.4K −$4.22/SF
EGI
$45.3K $16.78/SF
− OpEx
−$11.3K −$4.19/SF
NOI
$34.0K $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%
$679,540
Cap Rate 7%
$485,386
Cap Rate 9%
$377,522
Alternative Uses
Best Use
Office B
$485.4K
$424.7K – $566.3K
NOI $33,977 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.14M
$2.75M – $3.67M
NOI $220,039 @ 7.0% cap · market cap 36.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial office configuration with parking on both sides of the building and conversion potential to separate units.
Where is this office units located?
The property is located at 4235 Green Bay Rd Kenosha, WI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,700 SF office property in Kenosha; Recently remodeled commercial office space; Two combined office units with separate parcel numbers
