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Kenosha Main Street, LLC 5522 6th Ave
4,000 - 37,800 SF of Space Available in Kenosha, WI 53140
Highlights
- Largest commercial space available in heart of Downtown
- Two separate adjoining land parcels, currently used for surface parking, could be developed into multilevel residential in future
- Over 37,800 sq. of of space!
- Property qualifies for 25% Historical tax credit
- Central location on th "X" main intersection of Downtown.
- Opportunity Zone - tax free capital gains rollover and at exit if invested for 10 years
Space Availability (4)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 5,300 SF | - | Negotiable | £13.02 /SF/PA £1.08 /SF/MO £140.13 /m²/PA £11.68 /m²/MO £68,998 /PA £5,750 /MO | Modified Gross | |
| 1st Floor | 11,500 SF | 11 ft - 14 ft | Negotiable | £13.02 /SF/PA £1.08 /SF/MO £140.13 /m²/PA £11.68 /m²/MO £149,713 /PA £12,476 /MO | Modified Gross | |
| 2nd Floor | 17,000 SF | 10 ft - 14 ft | Negotiable | £13.02 /SF/PA £1.08 /SF/MO £140.13 /m²/PA £11.68 /m²/MO £221,314 /PA £18,443 /MO | Modified Gross | |
| 2nd Floor | 4,000 SF | 12 ft | Negotiable | £13.02 /SF/PA £1.08 /SF/MO £140.13 /m²/PA £11.68 /m²/MO £52,074 /PA £4,339 /MO | Modified Gross |
1st Floor
wonderful 1st floor space with lots of windows and walk in access from asking lot, and main street.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
1st Floor
PRIME Corner Location on the "X" intersection in heart of Lakefront Downtown Kenosha! This high visibility location has until now always been a bank. Beginning in 2020, this outstanding corner space can now be utilized for an exciting new venture!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Bank
- Mostly Open Floor Plan Layout
- Fits 10 - 150 People
- 4 Private Offices
- 1 Conference Room
- 6 Workstations
- Finished Ceilings: 11 ft - 14 ft
- Anchor Space
- Private Restrooms
- Corner Space
- High Ceilings
- Natural Light
2nd Floor
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 43 - 136 People
- Finished Ceilings: 10 ft - 14 ft
- Space In Need of Renovation
2nd Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fits 10 - 32 People
- Finished Ceilings: 12 ft
- Space In Need of Renovation
- Elevator Access
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5522 6th Ave , Kenosha, WI 53140
| Property Type | Retail | Year Built/Renovated | 1921/2012 |
| Property Subtype | Restaurant | Parking Ratio | 1.59/1,000 SF |
| Gross Internal Area | 37,800 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 37,800 SF |
| Year Built/Renovated | 1921/2012 |
| Parking Ratio | 1.59/1,000 SF |
About the Property
Wonderful Historic limestone corner building! Located in the very heart of Downtown Kenosha! Historic streetcar passes out front which connects to Metra commuter train with service to Chicago. Lots of private, dedicated on site parking with two adding surface lots. Building built as bank in 1923 and has been Kenosha's largest & most active bank ever since! Brand new 362 space Public parking garage across the street! Building has elevator, along with separate stairwell access to 56th street,(streetcar) and stairwell access to parking lot. Also a 3rd stairwell inside to common lobby. The property consist of three (3) tax parcels, 1 for building, and 2 for surface parking lots. Lots could be developed to multi story development in future! Views of lake Michigan & boat harbor. One of the very best buildings in Downtown Kenosha! (Kenosha pop. 100,000), Kenosha County (pop. 167,000). Located between Milwaukee & Chicago, on Lake Michigan. Great future income opportunity with available 2nd floor loft office, 10 executive offices, large conference room, lunchroom, women's & men's restrooms, large open areas, etc. This property qualifies for the 25% Wisconsin Historical Credit!! Currently over $100 Million in capital projects in progress in Downtown Kenosha, With $400 Million more to come! This property is located in the new Opportunity zone contained within the new Federal tax law! 100% tax free capital gains rollover if invested 10 years. There is not other property like this in all of of Lakefront Downtown.
- Banking
- Bus Route
- Commuter Rail
- Corner Lot
- Public Transport
- Restaurant
- Signage
- Waterfront
-
Paul McDonough -
Clovis Point Llc
Presented by
Kenosha Main Street, LLC | 5522 6th Ave
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