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1325 16th Street,  Racine,  WI  53403-2211 $2,349,000 Active
1325 16th Street,  Racine,  WI  53403-2211
$2,349,000
Active
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 Property Type Business/Commercial
 Parcel # 09087001
 County Racine
 Sub Area
 Municipality
 MLS# 1866639
 Listing Date 03/05/2024

MLS Public Remarks  Great Location, And Right Size, This Recent Renovation Brings This Long Vacant Property Back To Life And Is Ready For New Owners To Occupy And Build Their Business. Let'S Talk About The New Roof, Tuckpointed All Around, Rebuilt Parapet Wall On West Side, New Heaters, New Complete Sprinkler System, New Electrical Service, New Led Lighting Throughout, New Restrooms, New Doors. This Building Is Truly Ready To Customize For Your Use. All The Issues Have Been Solved With Complete Cooperation With And From The Dnr For Mitigation, So This Property Has A Clean Bill Of Health, Dnr Closure Is Easily Within Reach. Exterior Paint Colors Can Be Selected By New Owner Or Take It As Is. Some Items Yet To Be Done, But Very Near Completion. This Would Be A Great Time To See It Before It'S Finished
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Racine
  • C/T/V  City
  • Unit #  
  • Directions  From Racine Street (hwy. 32) To 16th Street, West One Block To Property. Also, Take 16th Street Four Blocks East From South Memorial Drive To Property.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Y
  • Business for sale  
  • For lease only  
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  45,500
  • Net Leasable SqFt  0
  • Year Built  1974
  • 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  I-2
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  $16,467
  • Tax Year  2022
  • 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 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Individual Heating Units
  • Water/Waste  Municipal Sewer, Municipal Water
  • Basement  None / Slab
  • Fuel  
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type  Free Standing
  • Exterior Treatment  Other
  • Building Parking  
  • Roofing  Rubber/Membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Seller Condition Report
  • Location  Near Public Transit
  • Tenant Pays  
  • Present Use  
  • Licenses  
  • Lease Type  
  • Occupied by  Immediate, Vacant
  • Sale Includes  Real Estate
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Synerg Realty Llc