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

$329,000

Active / MLS# 1970968 / Commercial - Retail / Racine

0 Beds

3249 SqFt

Historic Downtown Live-Work Asset. Unlock incredible value in downtown Racine with this turnkey 1875 brick landmark. A proven performer, this property generated $39,000/year gross income from August 2024 to July 2026, delivering an impressive 11.85 cap rate. The first floor features prime commercial retail or office space with soaring 15-foot ceilings and high-visibility display windows directly on Main Street. Upstairs, discover a luxury residential loft apartment complete with high-end finishes and beautiful lake views. With current leases expiring July 31, 2026, this is the perfect window for an owner-occupant to move right in and start operating or for a savvy investor to reset market rents. Enjoy being fully walkable to the local marina, Lake Michigan beaches, and Monument Square.

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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