5715 6th Ave - Freestanding FOR SALE


Kenosha, WI 53140- Downtown Kenosha
$1,695,000 USD
847-875-6386
5715 6th Ave, Kenosha, WI for Sale
$1,695,000 USD
Freestanding - FOR SALE
1/35
null | 5.35% Cap Rate

5715 6th Ave
Kenosha, WI 53140
Downtown Kenosha


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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kenosha Downtown, LLC.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

B-3 Central Business Dist

APN/PARCEL ID

12-223-31-489-017

ASK ABOUT THIS PROPERTY

Paul McDonoughClovis Point LlcMore Info
847-875-6386

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

Paul McDonoughClovis Point LlcMore Info
847-875-6386

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