5141 Douglas Ave, Unit | Caledonia Racine, WI 53402
Property Features for 5141 Douglas Ave
General Information
- Size
- 86 SF
Building Details
- Year built
- 1990
Source:
Midamericagrp
Listing Agent: Michael Fitzgerald
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Opportunity in Caledonia
This retail property presents an opportunity to co-anchor Green Tree Centre with the only Pick 'n Save in Caledonia. Constructed in 1990, the property benefits from a new roof installed in 2012, with the warranty extending through August 20, 2027. The location on Highway 32 and 4 Mile Road places it approximately 2 miles northwest of Racine. The center controls the northern full-access point off Highway 32 and provides a parking ratio of 4.7 spaces per 1,000 square feet. Zoned B-3 - Commercial Service District, the property offers flexibility for various commercial uses. A current lease is in effect through May 31, 2021, with nine 5-year options available; however, the owner is open to terminating the lease based on a buyer or lessee's preference. The building can be demised.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sarah A. Christensen, RPH
Pharmacy
Sears Appliance Repair
Appliance Repair Service
Jamie Baker
Pharmacy
KeyMe
Locksmith
Location Insight
- Map
- Local Demand
- City
- Racine
- County
- Racine
- State
- Wisconsin
- Longitude
- -87.810066
- Latitude
- 42.786889
Nearby Similar for Sale
FAQs
What type of property is this?
Neighborhood center - Retail space co-anchored by Pick 'n Save in Caledonia.
Where is this neighborhood center located?
The property is located at 5141 Douglas Ave, Unit | Caledonia Racine, WI.
What is the asking price?
The asking price for this property is $5.
What are key features of this property?
This property features: - Co-anchor opportunity with the only Pick 'n Save in Caledonia.; - Strategic location on Highway 32 and 4 Mile Road with control of the northern full-access point off Highway 32.; - High parking ratio of 4.7:1,000 sf.
