Property profile

115 56Th St Kenosha, WI 53140

OFF-MARKET
Specialty properties
4,776 SF 0.01 ac lot Built 2007
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 2007
Total area 4,776 SF
Lot 0.01 ac (436 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Volunteer Organization Community Center

Location

115 56Th St Kenosha, WI 53140
Kenosha metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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