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410 Main St | 1802329 | First Weber REALTORS
Listing provided courtesy of Doering & Co Real Estate, LLC - Racine - MLS#1802329MLS Provider

410 Main St

Racine, WI 53403
Commercial · 14,245 Sq. ft.

$750,000 Active

Overview

Time on Site:
251 days
Visits:
5

Investors Dream.....Prime location in the heart of beautiful downtown Racine. A great opportunity awaits in this well maintained fully rented mixed use building.This large 4 story building has 3 floors rented to commercial tenants. The top floor is rented residentially, and '' bonus'' the basement is rented commercially as well.Buildings like this don't come along often, so call for more information and to arrange a private tour of this unique opportunity.All Units have been updated and most mechanicals are new have been installed

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Facts & Features

  • Type Commercial
  • Sq. ft. 14,245
  • Price/Sq.ft. $52

General

Association/HOA
  • Association Y/N: No
Income/Expenses
  • Gross Income: 42000.0
  • Annual Operating Expense: 15000.0
  • Net Operating Income: 51100.0
Building Information
  • Year Built: 1887
  • New Construction Y/N: No
Location/Region
  • Location: Near Public Transit
  • Postal City: Racine
  • County Or Parish: RACINE
Building Exterior/Construction
  • Building Type: Free Standing
Rent/Lease Information
  • Annual Rent Per Sq. Ft: 6.00
Tax Information
  • Tax Year: 2022
  • Tax Annual Amount: $15,709.91
General Information
  • Exclusions: Seller's and tenant's personal property.
  • Zoning: COM
  • Bus/Com Type: Office(s), Retail, Other
  • Commercial Features: Expenses Include: Repair & Maintenance, Expenses Include: Miscellaneous, Expenses Include: Taxes-Pers. Property, Expenses Include: Utilities, Inside Storage, Offices, Restroom(s)
  • Property Type: Commercial

Interior

Building Interior
  • Heat Fuel: Natural Gas
  • Heating Cooling: Central Air, Forced Air
  • Water Waste: Municipal Sewer, Municipal Water
  • Commercial Ceiling Height: 8 - 10 feet
General Information
  • Basement: Full, Poured Concrete
  • Stories Total: 5 - 10
  • Living Area (SqFt): 14245.00

Exterior

Parking Information
  • Parking Total: 1.0
Lot Information
  • Lot Size Acres: Less than 1/2
  • Lot Size Area: 0.15
  • Road Surface Type: Town/City, Proximity to Highway: 1 - 3 Miles
Waterfront/View
  • Waterfront Y/N: No
Building Exterior/Construction
  • Roof: Rubber/Membrane
  • Construction Materials: Brick, Brick/Stone

Neighborhood

Community

53403 (Racine) Demographics
34
Median Age
1,991
Population Density (per sq. mile)
32%
College Educated
$41,157
Estimated Median Income
4,974
Estimated Total Home Owners
5,432
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
1
Public
Mitchell School
  • Grades: PK - 8
  • Enrollment: 1,061
Middle Schools
1
Public
Mitchell School
  • Grades: PK - 8 /
  • Enrollment: 1,061
High Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$208,757
Median Sales Price
$133
Median Price per Square Foot
0
Properties Sold
18
New on Market
53
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value
12/10/2022Source: WIREX-Metro Added to Database
12/9/2022Source: WIREX-Metro Added to Database
8/4/2022Source: WIREX-Metro Added to Database