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Listed by Keller Williams Thrive-Caledonia
$750,000
Est. payment /mo
14,245 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,245 sqft
Price per Sqft $52
MLS Listing ID 1946126
Year Built 1887
Annual Tax Amount $13,860
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Four-story, mixed-use commercial building and basement space located in a highly desirable downtown setting. The property is fully occupied with triple-net (NNN) leases, providing a stable, low-management investment with predictable cash flow. The building has benefited from numerous capital improvements and system upgrades, reflecting strong ownership stewardship. Separate utilities for each tenant. Its downtown location offers excellent visibility, walkability, and proximity to dining, retail, entertainment, and public amenities--making it an attractive and sustainable tenant environment. This is a turn-key investment opportunity well-suited for investors seeking reliable income, minimal operational responsibilities, and a solid presence in a proven urban market.
Location
State WI
County Racine
Zoning Commercial
Rooms
Basement Full
Interior
Heating Central Air, Forced Air, Natural Gas
Cooling Central Air, Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Brick, Wood
Garage Spaces 1.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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Coltyn Bettis
Rural Property Specialist | License ID: 84640-94
Rural Property Specialist License ID: 84640-94