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- LoopNet Team
510 56th St
Kenosha, WI 53140
Downtown Spirit, LLC · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Commuter Rail
- Metro/Subway
- Restaurant
ABOUT 510 56TH ST , KENOSHA, WI 53140
A great "Armchair investment" This two tenant building is on the main boulevard, with Historic Streetcar stopping in front, connecting to lake, museums, and Metra commuter train to Chicago. It was completed renovated in 2012, all new electrical, plumbing, ADA bathrooms, new HVAC rooftop units, flooring, etc. The interiors on both sides have loft ceilings, with exposed spiral ductwork. The storefront facades were completely removed and i=new storefront glass , doors, with ADA automatic openers installed. Tenants pay own utilities. Landlord pays the Real Estate taxes. Rents escalate at 3% annually. Lots of free public parking, 2 lots within 75 ft. This Building is in newly created Economic Opportunity zone under new passed Federal tax law!! 100% tax free capital gains rollover! Traffic central location, directly adjoining the Rhode Center for Performing Arts. This performing art center provides the area with live theatre, comedy, etc thru out the year.
PROPERTY TAXES
| Parcel Number | 12-223-31-407-013 | Improvements Assessment | $146,800 |
| Land Assessment | $16,400 | Total Assessment | $163,200 |
PROPERTY TAXES
