201 6th St Racine, WI ^$ 1,400,000

201 6th St

^$ 1,400,000

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201 6th St

Racine, WI, 53403

^$ 1,400,000

Studio Baths0.0 Sq 18,000

Monthly Estimate*

^$ 9,779

Studio

Commercial Property for sale in Racine, WI

for $1,400,000. This 18,000 square foot building was built in 1899 on a lot size of 0.08.

Investment opportunity in the heart of Downtown Racine. This historic 5 story building features a bar & restaurant, banquet room & full kitchen on the main floor. Enjoy the downtown views with the walls of windows. Bar & kitchen are fully stocked & ready to open. 2nd floor featuring a large banquet room that seats 100 people, pool, & billiards room. The 3rd & 4th floor offer incredible office spaces with beautiful views.Top level looks over all of downtown Racine & the breathtaking Lake Michigan views. This level features a bar and full kitchen as well.Even more monthly income from the cell phone towers located on top of the building.There is no better spot to be than on the corner of 6th of Main in downtown Racine. Centrally located for all Downtown Racine events throughout the year

Commercial Active

Price

^$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,229

Style

Restaurant,Tavern/Bar

Lot Size

0.08

Year Built

1899

Town/City

Racine

County/Region

Racine

MLS | Web ID

1867133

Features

General

Road Frontage Near Public Transit State Road Town/City Road

Parking 0.00

Zoning B4

Year Built 1899

County Racine

Miscellaneous Display Window Elevator Furniture Office(s) Rest Rooms

Property Type G

Location Business District Corner Near Public Transit

Municipality City

Tax Year 2023

Directions East on Washington roundabout to 7th St east to Main north on Main west on 6th building is on corner of 6th and Main.

City Racine

Taxes 14229.00

Street Name 6th

Interior

Basement Full

Heating/Cooling Central Air Hot Water/Steam Natural Gas

Stories 5-10

Exterior

Exterior Brick

Roofing Rubber

Flood Plan Unknown

Lot Size 46 x 80

* Excluded Features

List By

Re/Max Elite

Broker

felicia@gofelicia.com

Affordability Calculator

$10,965

Per Month

Monthly Principal & Interest: $9,779
Monthly Property Taxes: $1,186
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Racine, WI

Average List Price ^$406,173

Percent of Sale Price 71%

About Racine, WI

78,520 Population

-4% Since 2002

^$42,953 Median Income

35.97 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1159182 Elementary School

1159119 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$1,400,000	-12.50%	Price Down
3/8/2024	$1,600,000		Listed Price

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201 6th St, Racine, WI, 53403 is a Commercial Property for sale at $1,400,000 with 18,000 sqft and a lot size of 0.08. 201 6th St is a studio with 0.0 baths and was built in 1899. The property's zip code is 53403 which is in Racine, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information is supplied by seller and other third parties and has not been verified.

Listing data courtesy of the Internet Data Exchange (IDX) Program of the Metro Multiple Listing Service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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201 6th St

Commercial Property for sale in Racine, WI

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