5819 6Th Ave Kenosha, WI 53140
- Commercial real estate
- 28,148 SF
- 0.27 lot acres
Current Use by Public Records
- Kenosha Orpheum Theater (Closed for Restoration) / Cinema / Theater & Performing Art Venue
Property Details for 5819 6Th Ave
- Year built
- 1922
- Lot size
- 0.27 lot acres
- Property size
- 28,148 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 12-223-31-488-005
- APU
- 1222331488005
Description
This exceptional mixed-use property, located at 5819 6th Avenue in Kenosha, Wisconsin, presents a unique investment opportunity. The 28,148 square foot building, constructed in 1922, sits on a 0.27-acre lot and is zoned B-3 Central Business. Its rich history as the former Orpheum Theater is evident in its three separate theater/event spaces, offering significant potential for adaptive reuse within the context of Kenosha's exciting $450 million downtown redevelopment. The ground floor boasts fully leased retail space, ensuring immediate income generation. Adding to its versatility, the property includes "The O Coworking Space," catering to the growing demand for flexible work environments. The strategic location in downtown Kenosha provides easy access to a substantial market, with over 20,000 households residing within a 3-mile radius. The property's APN is 12-223-31-488-005. This is a rare chance to acquire a landmark property with significant upside potential in a thriving urban core. The asking price is $975,000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $950,000
Market price range: $950k - $2.77M
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Location Insight
- Map
- Local Demand
- City
- Kenosha
- County
- Kenosha
- State
- Wisconsin
- Longitude
- -87.8178
- Latitude
- 42.5827
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA