5723 Durand Ave Racine, WI $ 850,000
5723 Durand Ave
$ 850,000
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5723 Durand Ave

Racine, WI, 53406
$ 850,000
Baths0.0 Sq 4,117

Monthly Estimate*

$ 5,938

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Studio

Commercial Property for sale in Racine, WI

for $850,000. This 4,117 square foot building was built in 1985 on a lot size of 1.96.

This is a former bank building equipped with safes and drive through tube system. It may be sold or leased and includes all color-coordinated office furniture. Lease terms to be negotiated. Shared drive and parking lot with 42 spaces. Public restrooms, kitchenette, conference room, open floor plan, and partitioned offices. Located in a high visibility area across from the Regency Mall. Four Lane Drive-Through on the back of the building is perfect for future Health Restrictions (ie. Covid) for businesses such as Title, Bank, Insurance, Property Management Companies, and others. Also perfect for large Coffee Shop or Cafe (tons of seating and meeting spaces), a Cell Phone Store, or a Small Pharmacy. Mt. Pleasant Zoning has rejected car wash businesses for this location.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,515

Style

Lot Size

1.96

Year Built

1985

Town/City

Racine

County/Region

Racine

MLS | Web ID

1850885

Features
General
Road Frontage High Visibility Mall Frontage Near Public Transit Paved Road Town/City Road
Parking 42.00
Zoning B2
Year Built 1985
County Racine
Miscellaneous 220 Volt Power Carpeting Fixtures Furniture Inside Storage Office(s) Other Paneling Rest Rooms Security Equipment Security Lighting Sprinkler System
Property Type G
Location Free Standing Near Public Transit Other
Municipality Village
Tax Year 2023
Directions At intersection of S. Green Bay Rd. and Durand Ave. (Hwy. 11); head east on Durand Ave.; property is 7th building on the right across from Regency Mall @ 5723 Durand Avenue.
City Mount Pleasant
Taxes 18515.00
Street Name Durand
Terms 1031 Exchange
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Interior
Basement None
Heating/Cooling Central Air Forced Air Natural Gas
Stories 1
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Exterior
Exterior Brick
Roofing Composition
Flood Plan No
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* Excluded Features
List By
Shorewest Realtors, Inc.

Broker

awolf@shorewest.com

Email

Affordability Calculator

$7,480
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$1,543
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2023$850,000 Listed Price

Map


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5723 Durand Ave, Racine, WI, 53406 is a Commercial Property for sale at $850,000 with 4,117 sqft and a lot size of 1.96. 5723 Durand Ave is a studio with 0.0 baths and was built in 1985. The property's zip code is 53406 which is in Racine, WI