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    3401 Douglas Ave Racine, WI 53402

    For Sale
    $349,900

    Retail,Special Purpose - Racine, WI

    Property size:
    2,377 SF
    Lot size:
    0.08 Acres
    Days on Market:
    147
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 3401 Douglas Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    APN
    18215000
    Interior features
    Display Window, Living Space Avail., Rest Rooms
    Size
    2,377 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1928
    Floors in Building
    2
    Building materials
    Aluminum Siding
    Roof type
    Rubber
    Architectural style
    Other

    RE/MAX Newport (262) 632-9990 [email protected]

    Listing agent Karen Sorenson (262) 632-9990 License #56787-90

    Listing date Jul 21, 2025

    MLS# 1925328 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

    Unique Mixed-Use Property in Racine

    This mixed-use property offers an extraordinary opportunity for entrepreneurs with a convenient living space above. The lower level, formerly a corner bar called Rainbow Gardens, features an open space with terrazzo flooring, antique copper painted tin ceilings, and storefront windows. It also includes a kitchen, bathroom, shower room, and a back room suitable for an office, storage, supply room, pantry, or bedroom. The upper level comprises a spacious 3-bedroom apartment, a retro kitchen with modern features, a dining room, and a living room with built-in wooden libraries. Over $50,000 of renovations have been made in recent years to ensure the foundation, basement walls, roof, siding, sidewalk, and windows provide ample support for the building's longevity. The property is zoned B1 and has a lot size of 0.08 acres. The living area is 2377 square feet. Additional lots are available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Bridge Tender Tavern, GRC Sport Lounge, George's Encore, Stil Country, BUCK'S LOUNGE

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.801313
    Latitude
    42.761067

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    FAQs

    What type of property is this?
    Bar - Mixed-use property with retail space and a spacious 3-bedroom apartment.
    Where is this bar located?
    The property is located at 3401 Douglas Ave Racine, WI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Unique opportunity to live and work in the same building.; - Lower level commercial space featuring original terrazzo flooring, tin ceilings, and storefront windows.; - Spacious 3-bedroom apartment on the upper level.
    (262) 632-9990
    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
    3401 Douglas Ave Racine, WI 53402
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