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    3700 Durand Ave Racine, WI 53405

    Sponsored
    For Sale
    $449,900

    High-traffic location, fully equipped, ready to operate.

    Property size:
    915 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional turnkey restaurant opportunity is located at 3700 Durand Avenue in Racine, Wisconsin. Boasting 915 square feet on a 0.3-acre lot, this property enjoys a prime location on a high-traffic road, ensuring excellent visibility and accessibility. The building features ample parking for customer convenience. The interior is fully equipped and furnished, allowing for immediate operation. Included in the sale are a comprehensive array of commercial kitchen equipment, such as an ice maker, four coolers, a walk-in cooler, a freezer, a fryer, a stove, a flat grill, and a beverage dispenser. The dining area is furnished and ready to welcome guests. Beyond the kitchen and dining area, the property includes two restrooms, a prominent front sign for increased visibility, and installed counter space. A state-of-the-art surveillance system and multiple TVs are also included. Recent updates enhance the property's appeal, including fresh paint, new flooring, and modern light fixtures. The presence of a drive-thru window adds significant potential for takeout and delivery services, catering to a broader customer base. This is a truly remarkable opportunity for a seamless transition into restaurant ownership, with seller assistance available to facilitate a smooth handover. Priced at $449,900, this property presents an exceptional return on investment.

    Property Features for 3700 Durand Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    915 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Taqueria los 2 ... Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    RACINE
    State
    Wisconsin
    Longitude
    -87.82376
    Latitude
    42.69707

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, fully equipped, ready to operate.
    Where is this commercial real estate located?
    The property is located at 3700 Durand Ave Racine, WI.
    What is the asking price?
    The asking price for this property is $449,900.
    (262) 333-4440
    Request Owner's contact information
    3700 Durand Ave Racine, WI 53405
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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
    3700 Durand Ave Racine, WI 53405
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