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    505 6Th St Racine, WI 53403

    Sponsored
    For Sale
    Contact for pricing

    Prime Racine storefront, full basement, great access.

    Property size:
    9,280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 9,280 square foot commercial property is ideally situated at 505 6th Street in Racine, Wisconsin. The building boasts a prominent storefront with convenient access from 6th Street, and a secondary entrance located on 7th Street, enhancing accessibility and operational flexibility. The property includes a full basement equipped with three-phase electrical service, providing ample space for storage, utilities, or potential expansion. The building features a forced-air heating system and central air conditioning, ensuring year-round comfort. Maintenance responsibilities are clearly defined: tenants are responsible for all utilities except water, sewer, and trash removal. Snow and ice removal at both entrances is also the tenant's responsibility. Preventative maintenance is scheduled twice annually, once for the furnace and once for the air conditioning system, at the tenant's expense. To maintain optimal efficiency, furnace filter changes are required every three months. Please note that residential units located above the commercial space are not included in this lease offering. This property presents a unique opportunity for businesses seeking a well-maintained, spacious, and conveniently located commercial space in the heart of Racine. The strategic dual-street access and substantial basement space offer significant advantages for a variety of commercial ventures.

    Property Features for 505 6Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,280 SF

    Building Details

    Year Built
    1905
    Property Profile Location Intelligence

    Current Use by Public Records

    Playspace Party & Play ... Indoor Playground

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.78632
    Latitude
    42.7262

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Racine storefront, full basement, great access.
    Where is this commercial real estate located?
    The property is located at 505 6Th St Racine, WI.
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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
    505 6Th St Racine, WI 53403
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