5522 6th Ave - Restaurant FOR SALE


Kenosha, WI 53140- Downtown Kenosha
$3,250,000 USD
847-875-6386
5522 6th Ave, Kenosha, WI for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/37
null | Request Cap Rate

5522 6th Ave
Kenosha, WI 53140
Downtown Kenosha


HIGHLIGHTS

  • Cornerstone building in the heart of lakefront Downtown
  • Views of lake Michigan, lighthouse & boat harbor
  • Historic Streetcar passes in front, transports thru downtown and to Metra train
  • Three (3) public parking lots within 2 blocks, 2 additional tax parcels, currently used for surface parking, could be developed for residential
  • located within 3 blocks of two downtown hotels, Wyndham Hotel, (Waterfront) and La Stella Hotel & ballroom, (Boutique Hotel)
  • Opportunity Zone - tax free capital gains

OVERVIEW

Rare Downtown Kenosha Landmark with Parking & Redevelopment Potential! Iconic 1923 limestone corner building with 37,800 SF across two stories plus adjoining 70-car private parking lot—a true rarity in Kenosha’s revitalized waterfront district. Situated at the city’s most vibrant intersection, this former Chase Bank offers unmatched visibility, historic character, and modernized interiors. • Building Features: Soaring ceilings, grand architecture, elevator, multiple stairwells (street, parking lot & lobby access), flexible open layouts, 10 executive offices, large conference room, restrooms, and spacious loft-style second floor with lake and harbor views. • Prime Location: On the historic streetcar loop, just steps from Metra commuter rail to Chicago, the harbor, shops, restaurants, and Kenosha’s thriving arts scene. Positioned between Milwaukee and Chicago in a metro of 100,000+ residents. • Investment Highlights: • Largest available building in the district—ideal for flagship restaurant, brewery, retail, or mixed-use redevelopment • Three tax parcels, including two adjoining parking lots with development potential • Qualifies for 25% Wisconsin Historic Tax Credit • Located in a Federal Opportunity Zone with 100% capital gains rollover potential • First time in 90 years without a long-term lease—unique repositioning opportunity • Over $90M in active downtown capital projects nearby, additional $400 M planned & approved This is truly one of Downtown Kenosha’s premier commercial assets—a rare chance to own a cornerstone property with stable income options today and transformative redevelopment potential for the future.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kenosha Main Street, LLC.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Medical, Health Club, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

B-3 Central Business

APN/PARCEL ID

12-223-31-406-016,12-223-31-406-017,12-223-31-406-018

ASK ABOUT THIS PROPERTY

Paul McDonoughClovis Point LlcMore Info
847-875-6386

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Paul McDonoughClovis Point LlcMore Info
847-875-6386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.