2031 Lathrop Ave | Racine, WI 53405
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- LoopNet Team
2031 Lathrop Ave
Racine, WI 53405
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Decades Old Business For Sale W/ Free Standing Property
- Special Coveted Permits
- High Income to support Semi-Absentee Management
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.11 AC
Zoning
B2
Parking
28 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
157’ on Lathrop Ave
AMENITIES
- Pylon Sign
ABOUT 2031 LATHROP AVE , RACINE, WI 53405
Well Established Tavern! Substantial Tavern with a sports bar ambiance, located in a booming city. Full menu items with very popular dishes and a very long standing heritage in the community. Includes a party / banquet room, outdoor liquor licensing, significant recent property improvements and a robust workforce. There are a few employees that may be crossed-trained to perform higher level management roles.
PROPERTY TAXES
| Parcel Number | 276-000023786002 | Improvements Assessment | $580,900 |
| Land Assessment | $329,100 | Total Assessment | $910,000 |
PROPERTY TAXES
Parcel Number
276-000023786002
Land Assessment
$329,100
Improvements Assessment
$580,900
Total Assessment
$910,000
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