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    1333 Racine St Delavan, WI 53115

    For Sale
    $279,900

    High-yield Delavan investment opportunity. Three-unit building.

    Property size:
    5,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property located at 1333 Racine STREET, Delavan, WI, presents a compelling investment opportunity. The building encompasses a substantial 5,250 square feet and sits on a sizable 0.63-acre lot, offering ample space and potential for various uses. Currently configured as a three-unit rental property, this asset provides immediate income generation potential. The property's location in Delavan, WI, offers convenient access to local amenities and transportation routes, enhancing its appeal to both tenants and investors. The asking price of $279,900 represents a strong value proposition for those seeking a diversified commercial real estate investment. The existing three units provide a stable foundation for rental income, while the generous lot size allows for potential expansion or redevelopment, subject to local zoning regulations. This property is ideal for investors seeking a hands-on approach to property management or those preferring a passive income stream. The substantial square footage and versatile layout offer flexibility for a range of commercial uses, making it an attractive option for a variety of business ventures. Serious inquiries are encouraged to explore the full potential of this promising investment opportunity. Further details regarding the individual unit layouts and lease terms are available upon request. Don't miss this chance to acquire a well-situated, income-producing commercial property in a thriving Wisconsin community.

    Property Features for 1333 Racine St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,250 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Trailer Rental Service R v mart Tobacco Shop Sara's Dream Resale Consignment Shop The Hair Company Hair Salon We are Sunshine ... House Cleaning Service

    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
    Delavan
    County
    WALWORTH
    State
    Wisconsin
    Longitude
    -88.62707
    Latitude
    42.63892

    Nearby Comparable

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      High-Traffic Delavan Commercial Property

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield Delavan investment opportunity. Three-unit building.
    Where is this commercial real estate located?
    The property is located at 1333 Racine St Delavan, WI.
    What is the asking price?
    The asking price for this property is $279,900.
    (262) 348-0200
    Request Owner's contact information
    1333 Racine St Delavan, WI 53115
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    Delavan, WI 53115
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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
    1333 Racine St Delavan, WI 53115
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