Racine WI Real Estate & Commercial for Sale

UNDER ALL IS THE LAND! The beauty of nature combines with the charm and character of a busy downtown to create a unique redevelopment opportunity. With spectacular and ever-changing Lake Michigan views to the east and exciting city views to the west, this site provides the necessary ingredients for residential or commercial development. Located in Downtown Racine, with its public museums, library, multi-building civic center, unique shops, exciting restaurants and public access lakefront, this 1.69 acre site is in the very center of an area poised for renewal.

High visibility with abundant frontage on Sheridan Rd (Hwy 32) and KR makes this 6000 sq/ft existing building with generous parking and desirable B-2 zoning an excellent opportunity for its next owner.

Flexible 2 story building in the heart of downtown Racine with 5200+ sq ft. Located in an opportunity zone. Currently configured as offices and conference rooms but could easily be converted for other uses. Fully finished basement provides additional usable space. 2 bathrooms on the main level and 2 bathrooms on the second level. First and second floors could be split for separate spaces. Use one and rent the other for additional income. Traffic count of 3800/day per DOT. Close proximity to city hall, police station, court house, downtown shopping/restaurants, Lake Michigan, and more.

Owner/user or redevelopment of a 2.02 acre site in the downtown City of Racine area. Property contains a two (2) story former medical office building containing an overall 16,944 square feet of gross leasable area with a full, drive-in basement. Site is zoned I-2 General Industrial and O-I Office Institutional with a long range plan of ''mixed use - residential emphasis'' and is located within a tax incremental district (TID-18), as well as a new market tax credit zone. Building can be adaptable to a number of uses and has ample onsite parking.

1.69 acre site overlooking Lake Michigan, just south of Downtown Racine. The existing building is a former YMCA and has been vacant for several years. It is likely this building has no value and will need to be razed. The remaining site offers exceptional Lake Michigan views, both north and south of the beautiful Racine Lakefront. The site overlooks a public park that will remain undisturbed. This site is blocks from Downtown Racine and adjacent to Racine Public Library. Gateway Technical College is located 2 blocks south of this site and Racine's Civic Center Properties are located 1-2 blocks north of this site. This location offers several opportunities.

Investors Dream.....Prime location in the heart of beautiful downtown Racine. A great opportunity awaits in this well maintained fully rented mixed use building.This large 4 story building has 3 floors rented to commercial tenants. The top floor is rented residentially, and '' bonus'' the basement is rented commercially as well.Buildings like this don't come along often, so call for more information and to arrange a private tour of this unique opportunity.All Units have been updated and most mechanicals are new have been installed

9,800 average traffic count with an income generating 2 & 3 bedroom apartment makes this remarkable commercial property a once in a lifetime opportunity for an investor/business owner/entrepreneur. Commercial space is approximately 2,136 sq. ft. with great front commercial window space for display, storage space, rear garage door & basement. 2 bedroom apartment approximately 925 sq. recently updated. 3 bedroom 1,211 sq. ft. with unit laundry. 4 parking spaces in front & 4 parking spaces/ or more at rear of building. Could build a 4 car garage at back of property for additional income or storage. Currently monthly rent is $2,535 with annual rent at $30,420. Zoned B2 Community Shopping. 4,272 sq. ft. total per tax records. Building has lots of updates and in outstanding condition.

Calling all Investors & Entrepreneurs ~ This is a must see! Established restaurant & bar with a potential long term tenant which brings in $3500 per month for rent. Gather with friends to play pool, darts & video games. Highly visible location in Downtown Racine. Surrounded by restaurants, bars and coffee shops. This property has many years of serving quality food and entertainment. Fully furnished kitchen included in sale. Partially finished upper level boasts 1 bedroom/sun room apartment which brings in $700 per month. Unfinished area which is perfect for a 1-2 bedroom apartment which would collect additional income. This is a great price to be able to walk in and run a business.

Clean slate to do as you want. Property has a clean environmental report card. Great location as the gateway to downtown Racine.