Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1144 Memorial Dr Racine, WI 53403

    Sponsored
    For Sale
    $55,000

    Prime Racine location, 1351 sq ft, great potential.

    Property size:
    1,351 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 1144 S Memorial Drive in Racine, Wisconsin, presents a compelling investment opportunity. Boasting 1,351 square feet of space situated on a 0.07-acre lot, this property offers significant potential for a variety of commercial ventures. Its prime location in Racine provides excellent visibility and accessibility, making it an ideal spot for a thriving business. The asking price of $55,000 represents a highly competitive entry point into the Racine commercial real estate market. The property's existing structure provides a solid foundation for immediate occupancy or renovation, allowing for customization to suit specific business needs. This versatile space is well-suited for a range of commercial uses, offering entrepreneurs and investors alike the chance to establish a successful enterprise in a dynamic and growing community. The 0.07-acre lot provides ample space for potential expansion or outdoor activities related to the business. Don't miss this chance to acquire a piece of Racine's vibrant commercial landscape and capitalize on the numerous opportunities this property presents. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment.

    Property Features for 1144 Memorial Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,351 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Urban Stylez 262 Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    RACINE
    State
    Wisconsin
    Longitude
    -87.79902
    Latitude
    42.7187

    Nearby Similar for Sale

    • $349,900
      2,377 SF

      Unique Mixed-Use Property in Racine

      Mixed-use property with retail space and a three-bedroom apartment.
      3401 Douglas Ave, Racine, WI 53402
      View Details
    • $325,000
      0.08 Acres

      Racine Four-Unit Apartment Building

      Fully occupied, cash-flowing four-unit building with recent renovations and updates.
      1137 Valley Dr, Racine, WI 53403
      View Details
    • $430,000
      0.20 Acres

      Racine Duplex Near Zoo Beach

      Brick duplex near Racine Zoo, ideal for investment or multi-generational living.
      2206 N Main St, Racine, WI 53402
      View Details
    • $155,000
      0.22 Acres

      Racine Duplex with Remodeled Unit

      Two-family residence with remodeled upper unit and long-term tenant.
      1623 Charles St, Racine, WI 53404
      View Details
    • $184,900
      0.07 Acres

      Racine Four-Unit Investment Property

      Four-unit property near downtown Racine with income potential.
      508 8Th St, Racine, WI 53403
      View Details
    • $345,000
      0.08 Acres

      Racine Two-Family Home with Updates

      Well-maintained duplex with original woodwork and updated electrical systems.
      3401 Douglas Ave, Racine, WI 53402
      View Details
    • $189,900
      0.12 Acres

      West Racine Two-Family Duplex

      Two-story duplex in West Racine with updated units and recent upgrades.
      1531 Thurston Ave, Racine, WI 53405
      View Details
    • $299,000
      4,547 SF

      Racine Mixed-Use Investment Opportunity

      Versatile property with spa, warehouse, and office spaces for sale.
      1318 N Main St, Racine, WI 53402
      View Details
    • $170,000
      0.11 Acres

      Racine Fourplex Investment Opportunity

      Cash flow ready fourplex with strong rental potential in Racine.
      1819 W 6Th St, Racine, WI 53404
      View Details
    • $115,000
      0.13 Acres

      Racine Duplex with Two Units

      Two-story duplex with two units in Racine, Wisconsin.
      1723 Erie St, Racine, WI 53402
      View Details
    • $125,000
      0.22 Acres

      Racine Investment Opportunity: Three Units

      Three units on one lot near downtown Racine.
      1410 12Th St, Racine, WI 53403
      View Details
    • $349,900
      12,434 SF

      Racine Industrial Building For Sale

      Spacious industrial building suitable for warehousing, distribution, manufacturing, and more.
      1430 9Th St, Racine, WI 53403
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Racine location, 1351 sq ft, great potential.
    Where is this commercial real estate located?
    The property is located at 1144 Memorial Dr Racine, WI.
    What is the asking price?
    The asking price for this property is $55,000.
    Request Owner's contact information
    1144 Memorial Dr Racine, WI 53403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1144 Memorial Dr
    Racine, WI 53403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1144 Memorial Dr Racine, WI 53403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.