1301 Villa STREET Pending

Racine,WI 53403

$ 200000

- Bed

- Bath

4052 SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 4,052 sqft

Price per Sqft $49

Municipality RACINE

MLS Listing ID 1915135

Year Built 1920

Annual Tax Amount $2,997

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

3-Unit Mixed Use Building located near Lake Michigan, Downtown Racine, and SCJ Headquarters! Main Floor - Commercial/Office Space is approx. 950 sq ft. features include a large office area, kitchenette, conference room, and one bathroom. Currently rented at $1300/mo - lease expires 5/31/2025 then MTM. Second floor - Apartment approx. 800 sq ft. features 3 bedrooms, 1 bathroom. Currently renting at $900/mo MTM. Third unit - Garage & Rear Office Space includes garage, office area, and parking pad. Currently rented at $700/mo MTM. All tenants are long term tenants. Flat roof installed in 2020/2021.

Location

State WI

County Racine

Zoning B2

Rooms

Basement Brick,Full,Walk Out/Outer Door

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions NONE.

Exterior

Exterior Feature Brick,Brick/Stone

Garage Spaces 5.0

Parking On Site 5

Roof Type Rubber/Membrane,Tar/Gravel

Building

Sewer Municipal Sewer,Municipal Water

New Construction N

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