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- LoopNet Team
1207 State St
Racine, WI 53404
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Average traffic count at Marquette and State Street intersections is 12,500 vehicles per day.
- Warehouses are fully-equipped with sprinklers, gates and climate control.
- The third and fourth floors of Building 1 have the potential of becoming loft penthouses featuring stunning views of Lake Michigan.
- The City of Racine is planning to develop the nearby riverfront to include walking and bike paths.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 3 |
| Property Subtype | Warehouse | Year Built | 1997 |
| Building Class | B | Parking Ratio | 0.28/1,000 SF |
| Lot Size | 5.17 AC | Clear Ceiling Height | 12’ |
| Construction Status | Converted | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 145,175 SF | No. Drive In / Grade-Level Doors | 11 |
| Zoning | I-2 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.17 AC |
| Construction Status | Converted |
| Rentable Building Area | 145,175 SF |
| No. Stories | 3 |
| Year Built | 1997 |
| Parking Ratio | 0.28/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | I-2 |
AMENITIES
- Bus Line
- Fenced Lot
ABOUT 1207 STATE ST , RACINE, WI 53404
There are three buildings total on this property. The only multi-level building features a 6,000 lb. freight elevator. The other two buildings are one-story.145,175 SF multi-building property on 5.17 acres in downtown Racine. Ideal for re-purpose or new development. Formally used by Merchants Moving and Storage and identified as a potential historic building by the State of Wisconsin. City of Racine supports mixed-use development for office and retail. Located in the State Street Redevelopment Corridor and in an Opportunity Zone. Near to the Racine Riverfront, a proposed area of redevelopment with bike and walking paths. Approximately 20 minutes to the Foxconn facility and 30 minutes to the Amazon distribution center. PROPERTY OVERVIEW PROPERTY HIGHLIGHTS • Three buildings in total including storage sheds • Full wet sprinkler system in Building 1 & 2 • Gated, and climate-controlled warehouse • Docks with levelers. interior loading in Building 1 • Tractor trailer drive-through • 6,000 LBS freight-elevator • Fleet maintenance facility with hoists and air make-up system • Controlled intersection with average daily traffic counts of 12,500 vehicles per day at Marquette and State Street Property Summary REDEVELOPMENT OPPORTUNITY | 1215 STATE STREET RACINE, WI 53404 SVN | Hintze Commercial Real Estate | Page 2 The information
