1116 Grove Ave, Unit 1118 Grove Racine, WI 53405

$419,900

Active / MLS# 1956199 / Commercial - Retail / Racine

0 Beds

4000 SqFt

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

Property Details

Property Type: Commercial - Retail

Basement: None

Lot Size: 0.11 Acres

Roof Type: Rubber

Stories: 2.0

Taxes: $7,533

Year Built: 1969

Feature Descriptions

Ceiling Height (AVG): 8-10

Data Source: Metro MLS

Exterior: Brick, Other, Wood

Flood Plain: No

Heating/Cooling: Electric, Forced Air, Natural Gas

Location: Business District, Free Standing

Miscellaneous: Fixtures, Furniture, Handicap Equipped, Inside Storage, Living Space Avail., Rest Rooms

Parking: 3.00

Proximity to Highway: 1-3 Miles

Road Frontage: Near Public Transit, Paved Lot

Sale Includes: Real Estate

Truck Door Height: No Truck Door

Water/Sewer: Municipal Sewer, Municipal Water

Zoning: B2, RES

Location

See details and scored characteristics about this location.

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Data Source: Metro MLS

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