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    1318 N Main St Racine, WI 53402

    For Sale
    $299,000

    Office(s),Professional Service,Retail - Racine, WI

    Property size:
    4,547 SF
    Lot size:
    0.26 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 1318 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    02371000
    Interior features
    Carpeting, Inside Storage
    Exterior features
    Pole Sign
    Size
    4,547 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1983
    Floors in Building
    1
    Building materials
    Brick, Other
    Roof type
    Composition
    Architectural style
    Other

    Juniper Real Estate LLC dba Keller Williams Realty Milwaukee North Shore (414) 962-3605 [email protected]

    Listing agent Judy Y Moffatt (414) 962-3605 License #94364-94

    Listing date Sep 19, 2025

    MLS# 1936059 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Racine Mixed-Use Investment Opportunity

    Located in the heart of Racine's Main Street, this property presents a unique 3-in-1 business rental opportunity. The property includes a fully operational spa, currently rented for $1,400 per month, and a warehouse space on a month-to-month lease for $900 per month. Additionally, there is an office space, presently vacant, which was previously rented for $900 per month. The property is suitable for investors or entrepreneurs seeking multiple income streams or combined business use. The property is zoned B2 and has a lot size of 0.26 acres. The building has a total area of 4,547 square feet. Ideally located within walking distance to Lake Michigan and downtown Racine, the property offers exposure and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    5Kevents.org Web Hosting Company Unique Rentals Party Equipment Rental Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.78516
    Latitude
    42.737461

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    FAQs

    What type of property is this?
    Retail space - Versatile property with spa, warehouse, and office spaces for sale.
    Where is this retail space located?
    The property is located at 1318 N Main St Racine, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - 3-in-1 business rental opportunity with diverse income streams.; - Prime location in the heart of Racine's Main Street.; - Fully operational spa currently rented at $1,400/month.
    (414) 962-3605
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1318 N Main St Racine, WI 53402
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