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801 Wisconsin Ave 28,000 SF Specialty Building Offered at $1,200,000 in Racine, WI 53403

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INVESTMENT HIGHLIGHTS

  • In proximity to bus lines.
  • 2% low prime for financing

EXECUTIVE SUMMARY

Foxconn is coming to the area, this would be a great location for a corporate office. We welcome EB-5 program participants! Space for over 600 seating and venue. Seller willing to finance sale with a 20% down payment. Uline is expanding in the area and adding more jobs. Beautiful Historical Church and adjacent Gorton Hall. Church was built in 1876 and retains many of it's original architectural features including the majestic pipes from the pipe organ, and marble stairs. Gorton Hall was added on later in the 1920's. It's three stories contain classrooms, a gymnasium, small chapel, lunch and/or meeting room, full kitchen and a two lane bowling alley in the basement. This property is within walking distance to shops, restaurants, and is a great location with an abundance of parking available. Potential uses include: Daycare center, auction house, school, antique store, clinic, corporate headquarters, etc A block and 1/2 from lake Michigan, and convenient to bus lines. Owner will Accept 30% down on the property and is also interested in doing a land sale. 2% low prime for financing

PROPERTY FACTS

Price $1,200,000
Price Per SF $42.86
Sale Type Owner User
Sale Conditions
Lease Option
  • Deferred Maintenance
  • Redevelopment Project
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 0.50 AC
Building Size 28,000 SF
No. Stories 3
Year Built 1876
Parking Ratio 1.43/1,000 SF
Zoning Commercial

AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276-000000457000
Land Assessment
$112,600
Improvements Assessment
$42,400
Total Assessment
$155,000
  • Listing ID: 12126632

  • Date on Market: 4/3/2018

  • Last Updated:

  • Address: 801 Wisconsin Ave, Racine, WI 53403

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