Your email has been sent.
5136 Sheridan Rd
Kenosha, WI 53140
Redevelopment Site - Downtown Kenosha · Land For Sale
·
3.98 AC
Investment Highlights
- High profile and traffic site.
- Adaptable site and building onsite.
- Located in an Opportunity and New Market Tax Credit Zone.
Executive Summary
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 3.98 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | B-3, M-1, M-2 - Long range plan for commercial, mixed use or possibly high density multi-family. | ||
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.98 AC |
| Opportunity Zone |
Yes |
| Zoning | B-3, M-1, M-2 - Long range plan for commercial, mixed use or possibly high density multi-family. |
1 Lot Available
Lot
| Price | $2,795,000 | Lot Size | 3.98 AC |
| Price Per AC | $702,261.31 |
| Price | $2,795,000 |
| Price Per AC | $702,261.31 |
| Lot Size | 3.98 AC |
Large adaptable site with a long range plan for commercial but also high density multi-family or commercial use potential.
Description
Redevelopment site consisting of ten (10) separate tax key parcel numbers totaling an overall 3.98 acres or 169,448 square feet. Property assemblage is improved with a vintage warehouse containing 34,000 square feet with a full basement containing 34,000 square feet. Property redevelopment could be utilized for a number of uses including commercial, multi-family, institutional/office and is located within an opportunity and NMTC zones, kitty corner to the large mixed use, $450 million downtown mixed use project. Ten (10) tax key parcel numbers included in the sale are: 12-223-31-155-006, 12-223-31-155-005, 12-223-31-158-002, 12-223-31-158-001, 12-223-31-158-004, 12-223-31-158-003, 12-223-31-158-007, 12-223-31-158-008, 12-223-31-157-022 and 12-223-31-157-017. Property highlights include: High profile site located at the northwest corner of Sheridan Road (STH “32”) and 52nd Street (STH “158”). Building and property assemblage primed for redevelopment with a number of adaptable uses including commercial, office, health care, or multi-family. Located north of the proposed City Hall, public parking garage, and Performing Arts Center, as well as the proposed $450 Million Development Plan in the Downtown Neighborhood. Located within an Opportunity Zone and New Market Tax Credit zone.
