1121 Lake AveRacine, WI 53403

Property Details for 1121 Lake Ave

Year built

1915

Lot size

0.95 AC

Property size (Sq ft)

8,942 SF

Property type

Commercial real estate

Description

This exceptional 8,942 square foot, three-story English Tudor building presents a unique investment opportunity. Situated on a nearly one-acre bluff-side lot in Racine, Wisconsin, the property boasts breathtaking panoramic views of Lake Michigan. Originally constructed by a prominent Scottish immigrant businessman, this meticulously maintained building has undergone tasteful renovations, blending its historic charm with modern amenities. The property features seven private suites, each with its own full bathroom, along with two fully equipped kitchens. Six fireplaces add to the ambiance, while ample outdoor space provides ideal settings for entertaining. The interior showcases exquisite woodwork and tile work, characteristic of its era. A fully finished lower level offers two additional bedrooms, a full bathroom, and a living area. The extensive parking includes a two-car garage and a dedicated parking lot. This versatile property has a proven track record as a successful Airbnb and event venue, including weddings, and also presents significant potential as a prestigious office space. The location, size, and unique features make this a truly remarkable commercial property. Priced at $1,250,000.

Location Insight

City

Racine

County

RACINE

State

Wisconsin

Latitude

42.7196

Longitude

-87.7812

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