409 Main St Racine, WI 53403

409 Main Street is a rare downtown investment opportunity with modern upgrades and future upside, current rents are under market. The striking facade was refreshed in 2021, giving this historic property instant curb appeal. The versatile commercial space was fully rehabbed in 2019, and above, a one-bedroom apartment was completely updated in 2025. Plans and architectural drawings are completed to add an additional one-bedroom unit on the 3rd floor, unlocking even more income potential. The lot runs from Main St to Lake St, with off street parking in the rear. A full basement with no known leaks per owner adds valuable storage or future development space. Perfect for owner-operator, investor, or mixed-use visionaries.