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Storefront with Separate Office
For Lease
$1,400/Mo

1118 Grove Ave, Racine, WI 53405

A front waiting area, two bathrooms, and a rear office support a range of commercial operations.

Space Size1,566 SF
Days on Market131

Property Features for 1118 Grove Ave

General Information

Standard status Active
Size 1,566 SF
Net Rentable 1,566 SF
Total Parking Spaces 10
Zoning b2

Space & Availability

Available Space 1,566 SF
Contiguous Space 1,566 SF

Taxes and HOA fees

Annual Taxes $7,533

Amenities

waiting area
separate office
2 bathrooms
utility room with washer, dryer, sink, microwave

Building Details

Building Size 1,566 SF
Year Built 1969
Listing Agency: Realty ONE Group Boardwalk
Listed By: Darryl Heyden · License #8341594
Source: Defererealestate
Added: Jun 17 Changed: Oct 24 Last Checked: Oct 24 at 3:14PM

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 Realty ONE Group Boardwalk

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Investment Insights

Based on property information with market context.

Available for lease, this 1,566-square-foot storefront includes a waiting area at the front and a distinct office at the rear. Two bathrooms and a utility room add practical support space; the utility room is equipped with a washer, dryer, sink, and microwave. The building dates to 1969 and is zoned B2 for general commercial use.

Key Highlights

  • 1,566 square feet of commercial space
  • Front waiting area and separate rear office
  • Two bathrooms

Property Analytics

Current Use

V'lani Hair Salon X&S Beauty Bar Hair Salon KarlaGoBeauty LLC Hair Salon

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center HVAC Service Skin Care Clinic Accounting Firm

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

Lease Details

NNN (Triple Net)
Lease Type
$1.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Racine, WI

$11.59 /SF/Yr
Avg Asking Price
$8.18–$15.72 /SF/Yr
Price Range
2,773 SF
Avg Space Size

This space is priced 7% below the average of $11.59 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Storefront property - A front waiting area, two bathrooms, and a rear office support a range of commercial operations.
Where is this storefront property located?
The property is located at 1118 Grove Ave Racine, WI.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: 1,566 square feet of commercial space; Front waiting area and separate rear office; Two bathrooms
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