For Sale
$1,650,000

9809 39Th AvePleasant Prairie, WI 53158

9,221 SF Medical Office, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
116
This 9,221 square foot medical office building, constructed in August 2006, is situated on a 2.35-acre lot in Kenosha, Wisconsin, and boasts a prime location in Pleasant Prairie's downtown area. The property features 44 parking spaces, ample room for expansion (approximately 5,000 square feet), and high visibility with monument signage. The building is impeccably maintained, with recent improvements including a resurfaced parking lot and additional parking spots added in 2022. Benefitting from long-term leases and a low commercial inventory in the immediate area, this property offers a strong return on investment. The building's permitted zoning is G2-Commercial, and the tax key is 92-4-122-243-0005. The current annual net operating income (NOI) is $194,673.13, and the asking price is $1,650,000. Annual property taxes are $14,850.70. The property includes a basement, adding to the total square footage. This presents a rare opportunity to acquire a well-maintained, high-performing medical office building in a desirable location.

Highlights

  • Immaculately maintained 9,221 SF medical office building.
  • Parking lot resurfaced with additional spaces added in 2022.
  • Low commercial inventory in the immediate area.
  • Long-term leases in place.
  • High visibility with monument signage.
  • Expansion potential of approximately 5,000 SF.

Property Details for 9809 39Th Ave

Property type
Office properties, Medical offices
Square Feet
9,221 SF
Year Built
2006
Lot Size (sq. ft)
102,366 SF

Location Insight

City
Pleasant Prairie
County
Kenosha
State
Wisconsin
Latitude
42.5295142
Longitude
-87.8533306
9809 39Th Ave, Pleasant Prairie, Wisconsin

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9809 39Th Ave
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