Kenosha Heritage, LLC 5816 6th Ave

Investment Highlights

Charming commercial property on main street Walk to Metra train with service to Chicago! High Ceilings, Exposed Brick wall, New Storefront facade Opportunity Zone - tax free Capital Gains

Executive Summary

Great 2 story Brick Building on Main street! 1st floor 100% renovated. All new electric, plumbing, HVAC, lighting, floors, etc. One of the very best storefronts in Downtown!Commercial 1st floor, Residential or commercial for 2nd.This building qualifies for the 25% Historical tax credit from State of Wisconsin!This building is also in the newly created Economic Opportunity Zone under the new Federal Tax law!! Tax free capital gains rollover if invested for 10 years.This investment is a capital appreciation play in a lakefront Downtown, (pop. 100,000) that is undergoing a strong revitalization. Over $200 Million in approved and in progress capital projects in Downtown Kenosha! With over $400 Million still to come!

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant Office Office Residential Office Office Live Work Unit Restaurant
• Building Size    3,240
• Building Class    C
• Year Built    1873
• Price    575,000
• Price Per SF    177
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.46
• Land Acres    0.16 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Commuter Rail
• Metro/Subway
• Tenant Controlled HVAC