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5715 6th Ave
Kenosha, WI 53140 Downtown Kenosha

$1,695,000 USD

Freestanding For Sale  •  8,152 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,152 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 5.35 %
  • Tenancy Multiple
  • Zoning B-3 Central Business Dist
0 Transit Score
90 Walk Score

Description

Prime Downtown Kenosha Waterfront Investment Property

Exceptional opportunity to own a fully renovated, 100% occupied commercial building in the heart of Kenosha’s vibrant downtown and lakefront district.

This former Walgreens has been completely reimagined into three expansive street-level storefronts (approx. 2,700 SF each) plus a bright, fully leased lower level (8,152 SF total). Each storefront is larger than typical downtown spaces—offering soaring 15-ft ceilings, brand-new glass storefront systems with individual entrances, modern mechanicals, refreshed interiors, and unisex restrooms.

Key Highlights
	•	Total Size: 8,152 SF main level + 8,152 SF lower level
	•	Tenants: 100% leased to 4 diverse tenants (3 street level + 1 lower level fitness tenant)
	•	Renovations:
	•	New 2023 white PVC roof
	•	New HVAC (center space, 2024) + rooftop HVAC systems
	•	Updated lighting, separate utilities, and new fiber optic service
	•	Layout: Three distinct storefronts + bright lower level with two wide stairwells
	•	Rental Advantage: Each storefront is ~500 SF larger than most competing spaces in the area

Location Benefits

Situated in the Main Downtown corridor, just steps from:
	•	Lake Michigan shoreline, harbor, and marina
	•	Streetcar stop & Metra service to Chicago
	•	Museums, restaurants, shops, and cultural attractions

Investment Appeal

This is a turnkey, income-producing asset positioned to benefit from Kenosha’s ongoing downtown and harbor revitalization. Stable cash flow, excellent tenant mix, and prime location make it ideal for both investors and future owner-occupants.

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Highlights

100% Occupied, Income Producing Asset
Prime Downtown Waterfront Location
Extensive Renovations, New glass storefronts, New PVC roof 2023, HVAC 2024, New fibre optic connectivity
New owner could utilize entire 8,152 sq. ft. plus 8,152 sq. ft easy access lower level

Property Flyers

Financial Summary (Actual)

Net Operating Income: $88,616 USD (2023)
Cap Rate: 5.35 %
Total Expenses: $11,384 USD

Major Tenants

Tenant SF Occupied Lease End Date
Donna's Gymnastics 2,700 SF
EM Dance 5,400 SF
Flex N Burn 11/12/2019

Amenities

  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Restaurant
  • Tenant Controlled HVAC

Public Transportation

Commuter RailDriveWalkDistance
Kenosha Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 10 min 0.6 mi
Winthrop Harbor Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 14 min - 7.6 mi
AirportDriveWalkDistance
General Mitchell International 45 min - 32.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Paul McDonough 847-875-6386 Clovis Point Llc
Paul McDonough 847-875-6386 Clovis Point Llc