Mixed-Use Beauty Salon
6103 23rd Ave Kenosha, WI 53143
6103 23rd Ave, Kenosha, WI, 53143
$495,000
For Sale
$495,000
Fully operational beauty salon on the main level with a three-bedroom apartment upstairs, plus private parking and outdoor space.
Property Size1,976 SF
Price / SF$250.51
Days on Market69
Property Features for 6103 23rd Ave
General Information
- Standard status
- Active
- Size
- 1,976 SF
Listing agency
EXP Realty, LLC~MKE
(262) 344-9776
Listed by
Jorge Barquero · License #60064-94
(262) 344-9776
Source
Exprealty
Added: May 15 Updated: Jul 22 at 7:13AM Checked: Jul 22 at 7:13AM
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 EXP Realty, LLC~MKE
Investment Insights
Based on property information with market context.
This unique property includes a fully operational beauty salon on the main level. The business and equipment are not included in the sale. Upstairs, the building also features a three-bedroom apartment.
The sale includes both the lot the building occupies and an adjacent lot, allowing for private parking and additional outdoor space.
The property is offered for sale as a combined mixed-use building and adjoining lot, providing on-site parking and flexible live-work-style configuration.
The sale includes both the lot the building occupies and an adjacent lot, allowing for private parking and additional outdoor space.
The property is offered for sale as a combined mixed-use building and adjoining lot, providing on-site parking and flexible live-work-style configuration.
Key Highlights
- Fully operational beauty salon on the main level
- 3‑bedroom apartment upstairs
- Includes both the lot with the building and an adjacent lot
Local Financial Insights For Office B
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 | $41.5k | $21.00 |
| − Vacancy | −$8.3k | −$4.22 |
| EGI | $33.2k | $16.78 |
| − OpEx | −$8.3k | −$4.19 |
| NOI | $24.9k | $12.58 |
1,976 SF · lease $21.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$355.2K
$310.8K – $414.4K
NOI $24,866 @ 7.0% cap · market cap 5.02%
Second Best
Mixed Use
$350.6K
$306.8K – $409.0K
NOI $24,542 @ 7.0% cap · market cap 4.96%
Theoretical Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $161,036 @ 7.0% cap · market cap 32.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
La Fama Beauty ...
Hair Salon
Daisy's Vanity Shoppe
Department Store
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Similar Off Market Nearby
- GreenOut Smoke+Vape — 6312 22nd Ave, Kenosha, WI 53143
- Daniel C. Esposito, DC — 1024 60th St UNIT 1, Kenosha, WI 53140
FAQs
What type of property is this?
Spa & wellness property - Fully operational beauty salon on the main level with a three-bedroom apartment upstairs, plus private parking and outdoor space.
Where is this spa & wellness property located?
The property is located at 6103 23rd Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully operational beauty salon on the main level; 3‑bedroom apartment upstairs; Includes both the lot with the building and an adjacent lot
