240 Main StRacine, WI 53403

  • Investment properties
  • 16,280 SF
For Sale
$2,200 View listing

Property Details for 240 Main St

Year built
1890
Lot size
0.16 AC
Property size (Sq ft)
16,280 SF
Zone code
B4
Property type
Investment properties
Property subtype
Live-work space
APN
276 000000080000
APU
276000000080000

Description

This exceptional 2,500 square foot commercial space, located at 240 Main Street in the heart of downtown Racine, Wisconsin, presents a fantastic opportunity for a variety of businesses. Previously operating as a successful restaurant, the property boasts a substantial bar area, ample space for customer seating, and a large, inviting storefront with extensive window frontage, ensuring excellent visibility and natural light. The kitchen area has undergone recent renovations, featuring a brand new floor, durable FRP wall coverings, and freshly painted storage rooms. This turnkey space is ready for immediate occupancy and offers significant potential for customization to suit a wide range of commercial ventures. The property is situated in a vibrant downtown area, providing easy access to local amenities, transportation, and a strong customer base. The absence of an acre lot indicates the property is ideally suited for businesses that don't require extensive outdoor space. The asking price of $2200 suggests a highly competitive rental rate for a property of this size and location in downtown Racine. This is an exceptional opportunity to establish or relocate your business in a thriving commercial district. The flexible layout and recent updates make this space an attractive proposition for entrepreneurs seeking a well-maintained and conveniently located property.

240 Main St, Racine, Wisconsin
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Location Insight

City
Racine
County
Racine
State
Wisconsin
Latitude
42.7309
Longitude
-87.7839
CBSA code
39540
CBSA name
RACINE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,967
$50,800
$613,200
$664,000
-
$56,260
$679,115
$735,375

FAQs

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