5002 7TH AVE Kenosha WI 53140-3406

Paul Proano Properties has been exclusively chosen to market this huge add value opportunity in downtown Kenosha. This well maintained mixed used building in Historic Downtown Kenosha, WI has been entirely restored in 2001 with new windows, doors, walls, ceilings, electrical, plumbing and heating system. The features of this building are a mix of office & retail units one the first floor totaling 5,500± sq. ft of gross leasable area and on the 2nd floor a 4,000 ± sq. ft gross leasable area which includes a built out five (5) bedroom & two(2) bath apartment unit which is handicap accessible and where an investor with vision can see how splitting up the 2nd floor space into two to five(2-5) separate apartments units which can yield them a promising return on their investment. Another potential source of income is the 4,500 sq. ft basement with six (6) leasable office/retail studios one of with high ceilings, a private entry, extra storage space and common area restrooms. This well-maintained property sits across the street from Simmons Island Bridge, Boathouse Pub & Marina Gardens Restaurant.

Land Contract Available or SBA Matched Terms.

Building 5000-5002 7th Avenue and 705 50th Street, Kenosha, Wisconsin :

13,500 square feet building with 4200 dry, heated basement.

Entirely restored in 2001, with new windows, doors, walls, ceilings, entire electrical, plumbing and heating systems.

All masonry repair, replacement, tuck pointing; 2001.

Includes 4000 sq ft apartment. Entire building is master keyed via Knox Box.

Hard wired fire alarm system, all floors including basement.

All HVAC and heating systems replaced, boiler (cast iron) replaced 2015. includes 4000 sq ft apartment currently owner occupied. (See apartment details below).

5002 7th Avenue Suite 200:

4000 square foot apartment, studio, office.

This is a third floor unit and is handicap accessible via chair lifts.

2 minutes from Metra station then 1 hour, 20 minutes to Ogilvie Transportation Center, Chicago, IL.

Immediately across the street from Kenosha marina with views of marina, park and Lake Michigan.

Private bike storage room on 1st floor; 1500 sq feet storage/shop in basement; 1 garage and 3 covered parking spaces (tandem).

Entirely new interior in historic building. 2 bath; 2 bedroom; 2 studios; 1 large office.

Screened porch.

Bills $275 per month.

Numerous excellent restaurants and entertainment venues in immediate neighborhood.

Numerous lakefront parks, very easy walking distance.