Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

5715 6th Ave
Kenosha, WI 53140
Kenosha Downtown, LLC. · Retail Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,152 SF
Building Class
C
Year Built/Renovated
1962/2015
Price
$2,366,084 CAD
Price Per SF
$290.25 CAD
Cap Rate
5.35%
NOI
$126,680 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.99
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
B-3 Central Business Dist
Frontage
66’ on 6th Ave

AMENITIES

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

ABOUT 5715 6TH AVE , KENOSHA, WI 53140

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. ?

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-223-31-489-017
Land Assessment
$45,679 CAD
Improvements Assessment
$254,795 CAD
Total Assessment
$300,473 CAD
  • Listing ID: 3733432

  • Date on Market: 2013-04-02

  • Last Updated:

  • Address: 5715 6th Ave, Kenosha, WI 53140

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}