- sq ft 5000
- Rooms 12
- 2-3 Bathrooms
Description
Call 262-497-1272 for more info, ask for Halina. On a desktop or IPAD you may also click “Contact Us” and send a message (Option is in menu bar on iPhone).
Downtown Racine is growing at a rapid pace! There are plans for apartments, condos, riverwalks, hotels, beach redevelopment and more. Foxconn plans to make Downtown Racine into a “Smart City.” This property is located in the heart of Downtown. Next to Monument Square, across from the museums, and feet to the beach.
This property is unique in that it has already been fully renovated. It was completely gutted to the brick, and rebuilt. It was reframed, insulated, with new electrical, plumbing, tuck pointing, flooring, roofing, and more. The entire 5000 sf was redone in the last decade or so. The facade was redone. There are many buildings that come up for sale, but most have not been renovated. The cost of renovation for these unrenovated historic buildings is often 100-200% of the purchase price! This building is already done!
There are other buildings for sale, but they do not have any permanent flooring, any framing/drywall/insulation, etc. They have had minimal buildout done – the new owners will need to do a lot of work to finish the buildings, and at todays high costs and inflation, that can be a very expensive proposition.
Currently the building is set up as retail on the first floor, with office/multi-use luxury office space on the second floor. Space has been used successfully for retail, real estate offices, wellness offices, law and brokerage offices, and many other commercial uses. Second floor has a full bathroom and kitchen, and could likely be returned to residential use.
Details
- Building Age: >100 Years
- Parking: Street Parking, Offstreet parking available nearby
- Central Cooling Cooling
- Heating: Forced Air, Gas
- Sewer: Public/City
- Water: City
Features
Floorplans
Video
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