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Comm/Industrial

Year 1969

4000 SQ FT

0.11 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Racine Commercial Property for Sale

$414,900

1116 Grove Ave, 1118 Grove Ave
Racine WI 53405

Listed by Realty ONE Group Boardwalk

Share Property

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

Property Details

Listing Details

Price

$414,900

Year Built

1969

Levels

N/A

SQ FT

4000

Lot Size

0.11 ACRES

Zoning

B2, RES

Tax Key

12769000

TaxYear

2025

Property Taxes

$7,533

Property Type

Comm/Industrial

Property Status

Active

MLS#

1956199

Inclusions

in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.

Exclusions

seller's & tenants' personal property.

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Brick, Wood, Other

Utilities & Energy

Heating