524 Main StRacine, WI 53403

  • Other commercial real estate
  • 27,600 SF
For Lease
$29.64/SF/YR View listing

Property Details for 524 Main St

Year built
1902
Lot size
0.22 AC
Property size (Sq ft)
27,600 SF
Zone code
B4
Property type
Other commercial real estate
APN
276 000000294000
APU
276000000294000

Description

This 408-square-foot traditional office space is ideally situated in downtown Racine, Wisconsin, at 524 Main Street, Unit 106. The single-tenant unit boasts large retail windows overlooking a common hallway, providing excellent visibility. All utilities are included in the monthly rent of $595, making budgeting simple. Ample street parking is readily available for both tenants and clients. The building offers convenient amenities such as common hallway restrooms, forced-air heating and central air conditioning, secured building entry, and secured mailboxes. Elevators are available for easy access. This prime location places the property steps away from the lakefront, offering a desirable work environment. The space is currently available. Pre-qualification requirements include a monthly income three times the rent, verified income documentation (pay stubs/bank statements), no prior evictions, and one year of positive rental history (or a co-signer). A first month's rent free incentive is currently offered.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,704,200
    Hospitality
    $5,225,016
    Educational
    $4,347,152
    Medical
    $4,496,658
    Retail
    $6,762,236
524 Main St, Racine, Wisconsin

Location Insight

City
Racine
County
Racine
State
Wisconsin
Latitude
42.7271
Longitude
-87.7836
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
$15,777
$76,800
$380,200
$457,000
-
$85,055
$421,069
$506,124

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].