1213 55Th St Kenosha, WI 53140
- Commercial real estate
- 4,475 SF
- 0.22 lot acres
Current Use by Public Records
- Family Financial Services / Financial Planner
- Olson & Olson / Personal Injury Attorney
- One Hope United / Social Services Organization
- Karp & Iancu, S.C. / Divorce Lawyer / Divorce Service
- Trial Lawyers of Wisconsin - Kenosha / Personal Injury Attorney / Trial Attorney
Property Details for 1213 55Th St
- Year built
- 1880
- Lot size
- 0.22 lot acres
- Property size
- 4,475 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 12-223-31-436-013
- APU
- 1222331436013
Description
This exceptional commercial property, located at 1213 55th Street in Kenosha, Wisconsin, offers 4,475 square feet of professional office space ideally situated in the heart of downtown. The property boasts a highly desirable location directly across from the train station, providing convenient access for commuters, and is also within close proximity to the municipal building and courthouse. The space comprises two suites, 100B and 100C, which share a common waiting area and restrooms, creating a cohesive and efficient workspace. Utilities are included in the monthly rent, with gas, electric, and water covered by the landlord. Tenants are solely responsible for their phone and cable services. Ample parking is available on-site in a dedicated lot, supplemented by convenient street parking options. The owner prefers to lease both suites together for a combined monthly rent of $900. However, the possibility of leasing each suite individually is open for consideration, subject to negotiation. This property presents a unique opportunity for businesses seeking a well-located, functional, and cost-effective office space in a thriving downtown Kenosha setting. The 0.22-acre lot provides ample space for parking and potential future expansion. The building's central location and included utilities make this an attractive option for a variety of professional businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $245,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $305,000
- Mixed-Use
- $305,000
- Hospitality
- $295,000
- Educational
- $275,000
- Residential Income
- $290,000
- Energy
- $305,000
- Income-Based Land
- $290,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Kenosha
- County
- Kenosha
- State
- Wisconsin
- Longitude
- -87.8257
- Latitude
- 42.5848
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA