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    Twin Lakes, WI
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    Twin Lakes, WI Restaurants for Sale

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    Richmond, IL Spring Grove, IL Salem, WI
    Downtown Retail Building with Multiple Tenants
    Updated: Nov 16, 2025
    Downtown Retail Building with Multiple Tenants

    405 N Lake Ave, Twin Lakes, WI 53181

    $925,000
    6,200 sqft · 0.67 AC lot
    Downtown commercial property built in 1920
    Opportunity to operate 4 businesses with 3 currently occupied and 1 available to lease
    Current leased space income totals $4,500 per month
    One recently renovated space available for $1,500 per month
    Total current potential rent is $6,000 per month
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 N Lake Ave, Twin Lakes, WI 53181

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $74K
      Annual

    • Price @ 7% Cap

      $1.05M
      Above asking

    • Last Sold

      Nov 2019
      $180K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Twin Lakes, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Richmond Commercial Property with Living
    Richmond Commercial Property with Living

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    0.50 AC lot

    Mixed-use property with commercial space and attached 2-bedroom home.

    View details
    Prime Commercial Land in Antioch
    Prime Commercial Land in Antioch

    530 Main Street, Antioch, IL 60002

    $680,000
    0.81 AC lot

    High-visibility commercial land with main road frontage near downtown Antioch.

    View details
    Richmond Commercial Property with Residence
    Richmond Commercial Property with Residence

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    0.50 AC lot

    Commercial space with attached 2-bedroom home on 0.5 acres.

    View details
    Commercial Lot on Main Street
    Commercial Lot on Main Street

    530 Main Street, Antioch, IL 60002

    $680,000
    0.81 AC lot

    Almost an acre with main road frontage near downtown.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Lot on Main
    Prime Commercial Lot on Main

    530 Main Street, Antioch, IL 60002

    $680,000
    0.99 AC lot

    Almost an acre with frontage on a busy intersection.

    View details
    Antioch Land for Business Use
    Antioch Land for Business Use

    1207 Main Street, Antioch, IL 60002

    $738,000
    1.64 AC lot

    1.64 acre commercial land parcel in Antioch, Illinois.

    View details
    Johnsburg, IL Commercial Land
    Johnsburg, IL Commercial Land

    Johnsburg Road lot: 52, Johnsburg, IL 60050

    $350,000
    4.46 AC lot

    4.46 acre commercial land for sale in Johnsburg, IL.

    View details
    3.8 Acre Corner Lot Land
    3.8 Acre Corner Lot Land

    3.8 Ac Johnsburg Road, Johnsburg, IL 60051

    $250,000
    3.80 AC lot

    Corner lot in Johnsburg, IL, with development potential.

    View details

    Twin Lakes, WI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Twin Lakes, WI on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $925,000.

    Sale prices for restaurant properties in Twin Lakes, WI start at $925,000, averaging $925,000, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 7,873
    Population Growth (5Y) +4.7%
    Median Household Income $93,922
    College Educated 33.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $46.85 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kenosha County

    Retail

    Residential Income

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