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1201 Dr Martin Luther King Drive,  Racine,  WI  53404 $170,000 Active
1201 Dr Martin Luther King Drive,  Racine,  WI  53404
$170,000
Active
 Property Type Business/Commercial
 Parcel # 03022001
 County Racine
 Sub Area
 Municipality
 MLS# 1842520
 Listing Date 07/14/2023

MLS Public Remarks  Fantastic Investment Opportunity In Prime Location! Just Steps Away From The City'S Multi-Million-Dollar Investments. Adjacent To The New Dr. Martin Luther King Center, Recently Approved For A New Building. This Commercial Storefront Is Perfect For A Retail Store Or Barbershop. The Upper Level Features A Spacious 3-Bedroom Apartment, Currently Leased To A Reliable Tenant Until Next Year. Many Upgrades, Including A New Electric Panel And A/C Unit. High-Visibility Storefront Ready For Your Entrepreneurial Vision. Act Now To Make This Thriving Space Yours!
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Racine
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 32, West On 9th St (left) To Marquette St, North On Marquette, Left On Albert, Left On King
    • BUILDING DESCRIPTION  
  • Real estate for sale  Y
  • Business for sale  
  • For lease only  
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  1,936
  • Net Leasable SqFt  0
  • Year Built  1900
  • Source for Year Built  ACTIVE
  • Approx Bldg Dimen  
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  
  • # of Stories  0
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  B1
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  $1,623
  • Tax Year  2023
  • Improvements  $0
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 - 0 0 $0 $0 $0 0
    2 - Racine 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Deli, 2 refrigerators, 1 ice cream freezer
    Items Excluded  Sellers personal Property
    INTERIOR FEATURES  
  • Heating/Cooling  Central Air
  • Water/Waste  Municipal Sewer, Municipal Water
  • Basement  Full
  • Fuel  
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type  
  • Exterior Treatment  Aluminum, Aluminum/Steel, Vinyl
  • Building Parking  
  • Roofing  Composition/Fiberglass
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Corner Lot, Near Public Transit
  • Tenant Pays  
  • Present Use  
  • Licenses  
  • Lease Type  
  • Occupied by  Immediate, Vacant
  • Sale Includes  Real Estate, Rental Units
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Only Real Estate Group