334 Main St, Unit 334 1/2 Racine, WI 53403

$349,000

Active / MLS# 1962565 / Commercial - Retail / Racine

0 Beds

3249 SqFt

Historic Downtown Live-Work Luxury Builing for Sale! Unlock elite value in downtown Racine with this 1875 brick landmark. Priced to move, this turn-key asset generates $39,000/year in gross income, boasting a powerhouse 11.1 pct cap rate. The 1st floor offers prime retail/office space with 15' ceilings and high-visibility display windows on Main Street. Upstairs, discover a luxury loft apartment featuring high-end finishes and lake views. Current leases expire July 31, 2026, offering the perfect window for an owner-occupant to move in or for investors to reset market rents. Includes 2 dedicated parking spaces. Walk to the marina, Lake Michigan, and Monument Square. Seize this high-performing asset today!

Property Details

Property Type: Commercial - Retail

Basement: Full

Lot Size: 0.06 Acres

Roof Type: Rubber

Stories: 2.0

Taxes: $6,863

Year Built: 1875

Feature Descriptions

Ceiling Height (AVG): 11-15

Data Source: Metro MLS

Exterior: Brick

Flood Plain: No

Heating/Cooling: Central Air, Forced Air, Natural Gas

Location: Business District, Near Public Transit

Miscellaneous: 220 Volt Power, Display Window, Handicap Access, Inside Storage, Living Space Avail.

Parking: 2.00

Proximity to Highway: 0-1 Miles

Road Frontage: High Visibility, Near Public Transit, Town/City Road

Sale Includes: Real Estate

Truck Door Height: No Truck Door

Water/Sewer: Municipal Sewer, Municipal Water

Zoning: B4 Central Bus

Location

See details and scored characteristics about this location.

Disclaimer

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Data Source: Metro MLS

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