334 Main 334 1/2 St, Racine, WI 53403
334 Main 334 1/2 St, Racine, WI 53403
334 Main 334 1/2 St, Racine, WI 53403
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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567
Listed by Joseph J Cardenas JC Realtors
$349,000
Est. payment /mo
3,249 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,249 sqft

Price per Sqft $107

MLS Listing ID 1962565

Annual Tax Amount $6,863

Tax Year 2025

Acres 0.06

Property Sub-Type Commercial/Industrial

Property Description

Historic Downtown Live-Work Luxury Builing for Sale! Unlock elite value in downtown Racine with this 1875 brick landmark. Priced to move, this turn-key asset generates $39,000/year in gross income, boasting a powerhouse 11.2 pct cap rate. The 1st floor offers prime retail/office space with 15' ceilings and high-visibility display windows on Main Street. Upstairs, discover a luxury loft apartment featuring high-end finishes and lake views. Current leases expire July 31, 2026, offering the perfect window for an owner-occupant to move in or for investors to reset market rents. Includes 2 dedicated parking spaces. Walk to the marina, Lake Michigan, and Monument Square. Seize this high-performing asset today!

Location

State WI

County Racine

Zoning B4 Central Bus

Direction On Main Street in downtown Racine, between 3rd and 4th Streets.

Rooms

Basement Full

Interior

Cooling Central Air

Inclusions 1st Floor: None. 2nd Floor: Refrigerator, Oven/Range, Range Hood, Dishwasher, Microwave, Disposal, Washer, Dryer, 6 Bar Stools, and 2 Decorative, Rolling Ladders in Living Room.

Exterior

Roof Type Rubber

Total Parking Spaces 2

Exclusions Seller's, Tenant's, and Commercial Space's Personal property.

Building

Building Description Brick, Display Window,220 Volt Power,Inside Storage,Living Space Avail,Handicap Access

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick

Others

Tax ID 00119000

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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567

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