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    OFF-MARKET
    Commercial real estate

    935 Washington Rd, Kenosha, WI 53140

    50,000 SF 3.5 ac lot
    Property ID
    US92-1138235
    Property summary
    AI-generated overview

    This exceptional Kenosha commercial property presents a unique investment opportunity spanning 3.5 acres and encompassing nearly 50,000 square feet of building space. The property includes a 13-bedroom convent with a conference room, large enclosed porch, storage room, office, and eat-in kitchen with dining area. A separate rectory offers 8 bedrooms and 4 bathrooms, including a half bath in the basement, along with a kitchen, dining area, and a two-car garage. The property also features a 10,000 square foot church, recently painted but requiring some attention, and a substantial 30,000 square foot school building in need of significant renovation. Several parcels of vacant land are also included. The existing structures offer diverse possibilities for redevelopment, including potential conversion into a large apartment complex or rooming houses. The property is zoned for church use and benefits from tax exemption. This is an ideal opportunity for a large organization with available funds, a visionary investor, or a developer seeking a substantial project with significant upside potential. Bring your ideas and explore the limitless possibilities this expansive property offers.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 50,000 SF
    Lot 3.5 ac (152,460 SF)
    UPID US92-1138235
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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