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Mixed-Use Property with Apartment
For Sale
$280,000

1060 Washington Ave, Racine, WI 53403

Ground-floor business space is paired with a renovated five-bedroom residence above.

Property Size2,572 SF
Price / SF$108.86
Days on Market10

Property Features for 1060 Washington Ave

General Information

Standard status Active
Size 2,572 SF

Taxes and HOA fees

Annual Taxes $4,714
Listing Agency: Sun Realty Group
Listed By: Billee Kotten
Source: Exprealty
Added: Oct 2 Changed: Oct 11 Last Checked: Oct 11 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sun Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property combines commercial business space on the ground floor with a newly renovated five-bedroom apartment upstairs. Improvements include a newer roof, siding, and deck. A partially fenced yard and a large driveway provide outdoor area and off-street parking, and the sale includes the vacant lot next door.

The property is near downtown Racine at a busy intersection.

Key Highlights

  • Ground‑floor business space with a five‑bedroom apartment above
  • Upstairs apartment recently renovated
  • Includes the vacant lot next door

Property Analytics

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Current Use

Brantner Fire Extinguishers Production Facility

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Dining 26%
BP Shops & Services
5,793 visits/mo 0.0 miles
Popeyes Louisiana Kitchen Dining
3,891 visits/mo 0.2 miles
Pantry Shops & Services
2,952 visits/mo 0.4 miles
Pantry Shops & Services
2,491 visits/mo 0.5 miles

Demographics for 53403, WI

26,269
Population
11,876
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
88%
High-School Grad
10.2 sq mi
ZIP Area
2,575
Density / Sq Mi
$58,274
Median Household Income
$37,130
Median Earnings
$1,029
Median Rent
$159,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor business space is paired with a renovated five-bedroom residence above.
Where is this mixed-use property located?
The property is located at 1060 Washington Ave Racine, WI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Ground‑floor business space with a five‑bedroom apartment above; Upstairs apartment recently renovated; Includes the vacant lot next door
More about this property
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