2226 Douglas AveRacine, WI 53402

Property Details for 2226 Douglas Ave

Year built

1946

Lot size

0.19 AC

Property size (Sq ft)

5,410 SF

Zone code

B3

Property type

Retail space

APN

276 000020956011

APU

276000020956011

Description

This exceptional 2,150 square foot free-standing commercial building is ideally situated at 2226 Douglas Avenue in Racine, Wisconsin. Boasting high visibility, this property presents a fantastic opportunity for businesses seeking updated office or retail space. The interior features private offices, spacious open areas suitable for conference rooms or retail displays, private restrooms, and a convenient lunch room. Abundant natural light floods the space through ample windows. A detailed floor plan is available upon request. A partial basement houses the HVAC system and water heater. The lease includes four designated parking spaces, with the possibility of additional parking available at an extra monthly cost. The monthly net rent is $1750, modified gross, meaning tenants are responsible for their own utilities. The property sits on a 0.39-acre lot, providing ample space and convenient access. This is a turn-key opportunity for a business seeking a well-maintained and conveniently located space in a thriving area of Racine. Schedule a viewing to experience this exceptional property firsthand. Don't miss out on this chance to establish your business in a highly visible and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,139,760

  6.5%

  $1,052,080

  7%

  $976,935

• Comparable approach

  Method

  Valuation

  Relative Method

  $571,210

  Geo Method

  $732,839

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,076,200

  Mixed-Use / Specialty

  $1,038,420

  Hospitality / Lodging

  $748,948

  Office

  $1,021,920

  Institutional / Educational

  $1,075,990

  Residential Income

  $1,258,910

  Multifamily

  $1,564,830

  Automotive / Energy

  $922,281

  Parking / Income-Based Land

  $328,063

  Restaurant / Food Service

  $518,932

  Healthcare / Senior Housing

  $1,075,050

Location Insight

City

Racine

County

Racine

State

Wisconsin

Latitude

42.7494

Longitude

-87.7987

CBSA code

39540

CBSA name

RACINE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].