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1325 16th St Racine, WI $ 2,349,000
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1325 16th St
$ 2,349,000
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1325 16th St

Racine, WI, 53403
$ 2,349,000
Baths0.0 Sq 45,500

Monthly Estimate*

$ 16,408

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Studio

Commercial Property for sale in Racine, WI

for $2,349,000. This 45,500 square foot building was built in 1974 on a lot size of 3.05.

Great location, and right size, this recent renovation brings this long vacant property back to life and is ready for new owners to occupy and build their business. Let's talk about the new roof, tuckpointed all around, rebuilt parapet wall on West side, new heaters, new complete sprinkler system, new electrical service, new LED lighting throughout, new restrooms, new doors. This building is truly ready to customize for your use. All the issues have been solved with complete cooperation with and from the DNR for mitigation, so this property has a clean bill of health, DNR closure is easily within reach. Exterior paint colors can be selected by new owner or take it as is. Some items yet to be done, but very near completion. This would be a great time to see it before it's finished

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Commercial Active

Price

$ 2,349,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,467

Style

Manufacturing,Storage,Warehouse,Wholesale

Lot Size

3.05

Year Built

1974

Town/City

Racine

County/Region

Racine

MLS | Web ID

1866639
Features
General
Road Frontage Paved Road Town/City Road
Parking 50.00
Zoning I-2
Year Built 1974
County Racine
Miscellaneous Loading Dock Rest Rooms Security Equipment Sprinkler System
Property Type G
Location Free Standing Near Public Transit
Municipality City
Tax Year 2022
Directions From RACINE STREET (HWY. 32) TO 16TH STREET WEST ONE BLOCK TO PROPERTY. ALSO TAKE 16TH STREET FOUR BLOCKS EAST FROM SOUTH MEMORIAL DRIVE TO PROPERTY.
City Racine
Taxes 16467.00
Street Name 16th
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Interior
Basement None
Heating/Cooling Indiv. Heating Units
Stories 2
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Exterior
Exterior Other
Roofing Rubber
Flood Plan No
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* Excluded Features
List By
Synerg Realty Llc

Broker

carol@signatureteamrealtors.com

Email

Affordability Calculator

$17,781
Per Month
92%
8%
0%
Monthly Principal & Interest
$16,408
Monthly Property Taxes
$1,372
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/5/2024$2,349,000 Listed Price

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1325 16th St, Racine, WI, 53403 is a Commercial Property for sale at $2,349,000 with 45,500 sqft and a lot size of 3.05. 1325 16th St is a studio with 0.0 baths and was built in 1974. The property's zip code is 53403 which is in Racine, WI

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