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3113 Kinzie Ave 1,980 SF Retail Building Racine, WI 53405 $195,000 ($98.48/SF)
EXECUTIVE SUMMARY
Solid 1940's build with new rubber roof and gutters in?2023 and new air-conditioning in?2025. Versatile interior with large display windows can remain open or be subdivided into two suites (3113 &?3115), ideal for an owner-occupier plus rental income! Full, dry basement offers additional storage or workshop space. Features kitchenette, handicap-accessible bathroom, rear parking with alley access, and large street-front windows. Zoned B-1 to accommodate retail, office, salon, studio, or professional services. High-visibility location near West Boulevard with steady car and pedestrian traffic and bus service (routes?4,?20 &?86) to attract staff and customers. Get this under contract now before another savvy business owner.
PARKING: There are two spaces in front (on the road) and two deeded spaces in the back. PAID lease of four extra spaces through 3/1/2028! Special charges in the tax bill: Fire/Ambulance of $180.00, Recycling of $88.95, and sanitary sewer of $93.00
Contact Ted Schaar with all questions at 414-678-9833 or ted@mke.re
PARKING: There are two spaces in front (on the road) and two deeded spaces in the back. PAID lease of four extra spaces through 3/1/2028! Special charges in the tax bill: Fire/Ambulance of $180.00, Recycling of $88.95, and sanitary sewer of $93.00
Contact Ted Schaar with all questions at 414-678-9833 or ted@mke.re
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,980 SF
Building Class
C
Year Built
1940
Price
$195,000
Price Per SF
$98.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.15 AC
Zoning
B1
Parking
5 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
48’ on Kinzie Ave
PROPERTY TAXES
| Parcel Number | 276-000010312001 | Improvements Assessment | $123,100 |
| Land Assessment | $15,900 | Total Assessment | $139,000 |
PROPERTY TAXES
Parcel Number
276-000010312001
Land Assessment
$15,900
Improvements Assessment
$123,100
Total Assessment
$139,000
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3113 Kinzie Ave
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