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    115 56Th St Kenosha, WI 53140

    Sponsored
    For Sale
    $924,000

    Prime Kenosha location, 4,776 sq ft, 3 units.

    Property size:
    4,776 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, located at 115 56th St in Kenosha, Wisconsin, presents a unique investment opportunity. Boasting 4,776 square feet of net rentable space in a single-story building constructed in 2007 and renovated in 2013, this property offers versatile usage potential. Currently vacant and available for immediate occupancy, the building features three separate units, ideal for owner-users or investors seeking multiple income streams. The property is zoned B-3, allowing for a wide range of commercial uses, including restaurants, bars, executive offices, retail spaces, salons, and more. The interior includes two multi-stall bathrooms, dedicated office spaces, a reception area, a dining/hall area, and ample storage. Ten convenient parking spaces are available on-site. Situated on a 0.01-acre lot, this property benefits from its prime location in Kenosha's desirable Harbor & Downtown area, providing year-round visibility and accessibility. High foot traffic, proximity to museums, festivals, Lake Michigan, and the Harbor Market further enhance its appeal. The property's ceiling height ranges from 11 to 15 feet. The APN is 1222332325101. This property is located within one of Kenosha's Opportunity Zones, presenting significant investment advantages. The asking price is $924,000.

    Property Features for 115 56Th St

    General Information

    Property type
    Restaurants
    Square Feet
    4,776 SF
    Class
    A
    Lot Size
    436 SF

    Building Details

    Year Built/Renovated
    2007/2013
    Stories
    1
    Units
    3

    HighLights

    • $924,000 asking price for a 4,776 SF Class A retail/office/special purpose property in Kenosha, WI.
    • Vacant, 3‑unit building with 10 parking spaces, located at 115 56th St, Kenosha, WI 53140.
    • Built in 2007, renovated in 2013, featuring 11'-15' ceilings and B‑3 zoning allowing for diverse uses (restaurant, bar, office, retail, etc.).
    • Situated in Kenosha's Harbor & Downtown area, offering high foot traffic and proximity to amenities.
    • Owner/user investment opportunity in a designated Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kenosha Masonic Center Fraternal Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8130219
    Latitude
    42.585324

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    FAQs

    What type of property is this?
    Restaurant - Prime Kenosha location, 4,776 sq ft, 3 units.
    Where is this restaurant located?
    The property is located at 115 56Th St Kenosha, WI.
    What is the asking price?
    The asking price for this property is $924,000.
    What are key features of this property?
    This property features: $924,000 asking price for a 4,776 SF Class A retail/office/special purpose property in Kenosha, WI.; Vacant, 3-unit building with 10 parking spaces, located at 115 56th St, Kenosha, WI 53140.; Built in 2007, renovated in 2013, featuring 11'-15' ceilings and B-3 zoning allowing for diverse uses (restaurant, bar, office, retail, etc.).
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    Kenosha, WI 53140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 56Th St Kenosha, WI 53140
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