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

1118 Grove Ave, Racine, WI 53405

Includes a front waiting area, private rear office, two bathrooms, and a utility room.

Space Size1,566 SF
Days on Market66

Property Features for 1118 Grove Ave

General Information

Standard status Active
Size 1,566 SF
Net Rentable 1,566 SF

Space & Availability

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

Taxes and HOA fees

Annual Taxes $7,533
Listing Agency: Realty ONE Group Boardwalk
Listed By: Darryl Heyden · License #8341594
Source: Exprealty
Added: Jun 17 Changed: Aug 20 Last Checked: Aug 21 at 1:23PM

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

Investment Insights

Based on property information with market context.

This 1,566-square-foot storefront space at 1118 Grove Ave in Racine offers a practical layout for commercial occupancy. The interior includes a customer waiting area near the entrance, a separate office positioned toward the rear, two bathrooms, and a utility room equipped with a washer, dryer, sink, and microwave.

The property is zoned for general commercial use, supporting a range of business applications within the storefront format. Its address on Grove Ave places the space in Racine, Wisconsin.

Key Highlights

  • 1,566‑square‑foot storefront 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

$12.91 /SF/Yr
Avg Asking Price
$10.73–$18.34 /SF/Yr
Price Range
1,497 SF
Avg Space Size

This space is priced 17% below the average of $12.91 /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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Includes a front waiting area, private rear office, two bathrooms, and a utility room.
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‑foot storefront space; Front waiting area and separate rear office; Two bathrooms
More about this property
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