Log In/Sign Up
Your email has been sent.
212 Hamilton St 23,898 SF Specialty Building Offered at $3,500,000 in Racine, WI 53402
Investment Highlights
- 90 existing storage units with additional room for indoor and outdoor storage expansion.
- Established business with 17 years of operating history. Long-term U-Haul contract in place.
- Spacious office area featuring five additional potential office suites.
- Opportunity to purchase the ongoing storage business separately.
Executive Summary
Are you ready for your next business venture!? This former Naval Base just blocks from Lake Michigan, has been turned into a storage facility with 90 units and lots of extra space for more inside and outside storage. The office area is spacious with 5 other potential office spaces. Between the offices and the upstairs studio apartment, there are 2 1/2 bathrooms. The roof top off of the upstairs apartment has been turned into a nice deck area with lake views. Potential to purchase ongoing business separately. Owner has had steady business for the last 17 years including a contract with UHAUL.
Property Facts
| Price | $3,500,000 | Lot Size | 1.53 AC |
| Price Per SF | $146.46 | Building Size | 23,898 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1947 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | I1 | ||
| Price | $3,500,000 |
| Price Per SF | $146.46 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 1.53 AC |
| Building Size | 23,898 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Opportunity Zone |
Yes |
| Zoning | I1 |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 276-000002458000 | Improvements Assessment | $232,600 |
| Land Assessment | $181,100 | Total Assessment | $413,700 |
Property Taxes
Parcel Number
276-000002458000
Land Assessment
$181,100
Improvements Assessment
$232,600
Total Assessment
$413,700
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
212 Hamilton St