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115-125 56th St
Kenosha, WI 53140 Downtown Kenosha

$899,000 USD

Apartments Condo For Sale  •  4,776 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,621 SF
  • Lot Size 0.65 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 9.25 %
  • Zoning B-3
0 Transit Score
75 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 115 Office 4,776 SF $899,000 USD
  • Unit Size: 4,776 SF
  • Condo Use: Office
  • Price: $899,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $188.23 USD
Description
Commercial Unit available in Kenosha's coveted Harbor & Downtown area! Located in the heartbeat of the Harbor this 4776sqft building offers year round exposure, accessibility and convenience. Zoned B-3 allows for many uses including offices, bar/tavern, grocer, salon/spa, retail and more. Currently leased, this property boasts many amenities including 2 multi stall bathrooms, kitchen, cash flow and more! This unit can be divided into 3 units which is desirable for an investor or end user that will have the advantage of high foot/ traffic counts, parking, museums, festivals, Lake Michigan & Harbor Market right outside your door! Within one of two main Opportunity Zones in the Kenosha city limits. A great investment opportunity & income!

Sale Notes
For sale! Unit can be divided into 3 separate units. Perfect for special use!  Commercial Unit now available in Kenosha's coveted Harbor and Downtown area! Located in the heartbeat of the Harbor, this 4776sqft building offers year round exposure, accessibility and convenience. Currently leased with a 3yr term. NNN

Highlights

Located in opportunity zone
High foot traffic

Financial Summary

Cap Rate: 9.25 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Kenosha Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 15 min 0.8 mi
Winthrop Harbor Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 16 min - 8.0 mi
AirportDriveWalkDistance
General Mitchell International 47 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Shannyn Franklin 262-960-5182 Shannyn Franklin Real Estate
Shannyn Franklin 262-960-5182 Shannyn Franklin Real Estate