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1200 N Main St
Racine, WI 53402
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,041 SF
Building Class
C
Year Built
1905
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.10 AC
Zoning
B2 - Business Zoning
Parking
2 Spaces (0.28 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
About 1200 N MAIN ST , RACINE, WI 53402
Amazing opportunity exists with this income producing corner near Downtown Racine & only 2 blocks from Lake Michigan. 2 commercial spaces & two 3 bedroom 2nd floor apartments plus an active auto body shop, 2 car garage, plus off street parking lots for 17 cars. Property is in need of some repair & updates. Seller prefers an ''as is'' sale. 2 lower storefronts are vacant however have rented for $900 & $700 each. Owner occupies upper apartment on corner & upper rental is occupied-rent is $750. Body shop rents for $1350 per month. Rents can generate $44,400 per year.
Property Taxes
| Parcel Number | 276-000002426000 | Improvements Assessment | $29,500 |
| Land Assessment | $27,500 | Total Assessment | $57,000 |
Property Taxes
Parcel Number
276-000002426000
Land Assessment
$27,500
Improvements Assessment
$29,500
Total Assessment
$57,000
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