1201 Dr Martin Luther King Dr Racine, WI $ 170,000
1201 Dr Martin Luther King Dr
$ 170,000
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1201 Dr Martin Luther King Dr

Racine, WI, 53404
$ 170,000
Baths0.0 Sq 1,936

Monthly Estimate*

$ 1,188

1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 1
Studio

Commercial Property for sale in Racine, WI

for $170,000. This 1,936 square foot building was built in 1900 on a lot size of 0.06.

Fantastic investment opportunity in prime location! Just steps away from the city's multi-million-dollar investments. Adjacent to the new Dr. Martin Luther King Center, recently approved for a new building. This commercial storefront is perfect for a retail store or barbershop. The upper level features a spacious 3-bedroom apartment, currently leased to a reliable tenant until next year. Many upgrades, including a new electric panel and A/C unit. High-visibility storefront ready for your entrepreneurial vision. Act now to make this thriving space yours!

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Commercial Active

Price

$ 170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,623

Style

Beer/Liquor,Grocery,Salon/Barber Shop

Lot Size

0.06

Year Built

1900

Town/City

Racine

County/Region

Racine

MLS | Web ID

1842520

Features
General
Road Frontage Near Public Transit Town/City Road
Parking 0.00
Zoning B1
Year Built 1900
County Racine
Miscellaneous Fenced Yard
Property Type G
Location Corner Near Public Transit
Municipality City
Tax Year 2023
Directions Hwy 32 west on 9th st (left) to Marquette St north on Marquette left on Albert left on King
City Racine
Taxes 1623.71
Street Name Dr Martin Luther King
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Interior
Basement Full
Heating/Cooling Central Air Electric Natural Gas
Stories 2
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Exterior
Exterior Aluminum Vinyl
Roofing Composition
Flood Plan No
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* Excluded Features
List By
Only Real Estate Group

Broker

soldwithwill@gmail.com

Email

Affordability Calculator

$1,323
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,188
Monthly Property Taxes
$135
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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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$170,000 -5.03% Price Down
3/18/2024$179,000 -5.79% Price Down
2/19/2024$190,000 -4.95% Price Down
1/26/2024$199,900 -13.09% Price Down
8/29/2023$230,000 -4.13% Price Down
8/2/2023$239,900 -4.00% Price Down
7/15/2023$249,900 Listed Price

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1201 Dr Martin Luther King Dr, Racine, WI, 53404 is a Commercial Property for sale at $170,000 with 1,936 sqft and a lot size of 0.06. 1201 Dr Martin Luther King Dr is a studio with 0.0 baths and was built in 1900. The property's zip code is 53404 which is in Racine, WI