5400SqFt
1887Built
$0Rent/SqFt
$0Sched Inc
Commercial/IndustrialProperty Type

Property Highlights

MLS: 1530266

Status: Sold

For Sale/Lease: Sale Only

Road Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road

Zoning: B-4 central bus

County: Racine

For more information about this listing, contact Keefe at (262) 248-4492.

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Investors Welcome! This well kept 6 apartment, one store front, multi-tenant property has been owned by the seller for 28 yrs! Prime downtown location w/5400sqft of building space. Huge municipal public parking garage behind building. Apts have some long term tenants & mostly occupied. All units are move-in basic condition. Property priced accordingly @ 20% below assessment.The retail tenant has lease & business is not for sale. Surrounded by many downtown activities & venues. Seller will provide financials for this profitable building enterprise upon request. Only selling due to retirement.

Interior Features

Avg Ceiling Height: 8'-10'

Basement: Block, Brick, Partial, Walk Out/Outer Door

Exterior Features

Exterior: Brick

Flood Plain: No

Location: Business District, Near Public Transit

Roofing: Rubber

Additional Information

# of Stories: 3

Com/Bus/Lnd: Commercial

Miscellaneous: 220 Volt Power, Display Window, Living Space Avail., Rest Rooms

Occ Permit Required: N

Occupied: Under 10% Vacant

Taxes: $8,904

Truck Door Height: No Truck Door

Water/Waste: Municipal Sewer, Municipal Water

Occupancy: See Listing Broker

Sale Includes:

Listing Company: Re/Max Elite

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Information is deemed reliable but is not guaranteed.

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For more information about this listing, contact Keefe at (262) 248-4492.

Contact us

Local Info

City Snapshot Racine, WI

Average Days on Market
Commercial/Industrial
71
77.5% since January 2018
Units sold
December 2017
72
+5.88% since November 2018
Median Sale Price
December 2017 - Commercial/Industrial
104K
-6.94% since November 2018
Percentage of Asking Price
December 2017 - Commercial/Industrial
92%
-2.07% since November 2018