Log In/Sign Up
Your email has been sent.
1028 State St 2,400 SF 50% Leased Retail Building Racine, WI 53404 $157,900 ($65.79/SF)
Investment Highlights
- High Visibility
- One-bedroom Loft Apartment
- Near Racine Transit District
Executive Summary
Completely renovated from top to bottom, this versatile mixed-use property near the Racine Transit Center is perfect for investors or owner-occupants. Every major system is new in 2024 including roof, windows, plumbing, electrical, and high-efficiency HVAC. Upstairs is a 1,200 sqft 1-bedroom industrial loft (potential rent $1,100/mo) featuring soaring ceilings, exposed brick, and original wood floors. Plus, modern kitchen/bath updates, walk-in closet, in-unit laundry, private deck balcony, and includes a dedicated parking space within a fully fenced area. A high-visibility ground floor storefront is ideal for a boutique, studio, or office. It boasts a unique walk-in vault for unmatched security. The ultimate live/work property- this affordable gem is a must-see!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1932
Price
$157,900
Price Per SF
$65.79
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.92
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B3
Parking
1 Spaces (0.42 Spaces per 1,000 SF Leased)
Frontage
59’ on State St
Amenities
- Bus Line
- Signalized Intersection
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 276-000002846000 | Improvements Assessment | $82,400 |
| Land Assessment | $3,600 | Total Assessment | $86,000 |
Property Taxes
Parcel Number
276-000002846000
Land Assessment
$3,600
Improvements Assessment
$82,400
Total Assessment
$86,000
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1028 State St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.