Mixed-Use Building with
For Sale
$414,900
1116 Grove Ave, Racine, WI 53405
Two ground-floor commercial units sit beneath two apartments, with parking along the side and rear.
Property Size4,000 SF
Price / SF$103.73
Days on Market207
Property Features for 1116 Grove Ave
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
3
Property subtype
Commercial
Zoning
B2, RES
Additional Details
Mixed-Use Components
residential, retail
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,533
Building Details
Building Size
4,000 SF
Year Built
1969
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Deb DeFere Real Estate LLC
Listed By:
Deb DeFere
(262) 646-0593
Source:
Defererealestate
Added: Apr 2
Changed: Oct 24
Last Checked: Oct 24 at 3:12PM
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 Deb DeFere Real Estate LLC
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Investment Insights
Based on property information with market context.
This 4,000-square-foot mixed-use property was built in 1969 and combines two ground-floor retail spaces with two apartments on the second floor. The roof is 2 years old and includes a transferrable 20-year warranty covering materials and labor.
Parking is available along the side and rear of the building. The property is zoned B2, RES.
Parking is available along the side and rear of the building. The property is zoned B2, RES.
Key Highlights
- 4,000‑square‑foot mixed‑use property with two retail spaces and two second‑floor apartments
- Roof installed 2 years ago; transferrable 20‑year warranty covers materials and labor
- Side and rear parking
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
6,294 visits/mo
0.4 miles
Demographics for 53405, WI
25,561
Population
11,509
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
6.6 sq mi
ZIP Area
3,873
Density / Sq Mi
$68,339
Median Household Income
$40,162
Median Earnings
$946
Median Rent
$173,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor commercial units sit beneath two apartments, with parking along the side and rear.
Where is this mixed-use property located?
The property is located at 1116 Grove Ave Racine, WI.
What is the asking price?
The asking price for this property is $414,900.
What are key features of this property?
This property features: 4,000‑square‑foot mixed‑use property with two retail spaces and two second‑floor apartments; Roof installed 2 years ago; transferrable 20‑year warranty covers materials and labor; Side and rear parking
