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115-125 56th St - Harbor Place 4,776 SF Office Condo Unit Offered at $899,000 in Kenosha, WI 53140

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INVESTMENT HIGHLIGHTS

  • Located in opportunity zone
  • High foot traffic

PROPERTY FACTS

Total Building Size 20,621 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Bar
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class B
Floors 2
Typical Floor Size 14,000 SF
Year Built 2007
Lot Size 0.65 AC
Parking Ratio 1.45/1,000 SF
Opportunity Zone Yes
Zoning B-3 - Central Business District

1 UNIT AVAILABLE

Unit 115

Unit Size 4,776 SF
Price $899,000
Price Per SF $188.23
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 9.25%
NOI $83,157.50
No. Parking Spaces 30
Sale Conditions Build to Suit
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

Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 29269441

  • Date on Market: 8/14/2023

  • Last Updated:

  • Address: 115-125 56th St, Kenosha, WI 53140

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