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    420 Main St Racine, WI 53403

    For Sale
    $299,000

    Retail/office/residential building in downtown Racine on Main Street.

    Property size:
    3,105 SF
    Lot size:
    0.05 Acres

    Property Features for 420 Main St

    General Information

    Size
    3,105 SF
    Lot size
    0.05 Acres

    Source: NAI Pfefferle Agent Tami Gemmell Swanto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Racine Mixed-Use Building

    Located on Main Street in downtown Racine, this mixed-use building offers retail, office, and residential spaces. The building was updated in 2017 through the Racine White Box Grant Program, with improvements including studs-up renovation, electrical, HVAC, ducts, plumbing, telecom, internet, two restrooms (one ADA-compliant), a roof, and a rooftop patio. The upper residential unit features a vaulted ceiling, fireplace, cherry oak cabinets, granite countertops, hardwood floors with inlays, a Kohler shower jacuzzi, and an open-concept single bedroom. There is an optional opportunity to acquire a fully furnished residence and business. The property encompasses a total of 3,105 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vapemeisters Vaporizer Store Hempmeisters Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.783079
    Latitude
    42.728805

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    FAQs

    What type of property is this?
    Mixed-use property - Retail/office/residential building in downtown Racine on Main Street.
    Where is this mixed-use property located?
    The property is located at 420 Main St Racine, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime downtown Racine location on Main St suitable for retail, office, or residential use.; - Extensive 2017 renovation with updated electrical, HVAC, plumbing, and roof.; - High-end residential unit featuring a vaulted ceiling, fireplace, cherry oak cabinets, granite countertops, hardwood floors, and Kohler shower jacuzzi.
    (414) 916-4252
    Request Owner's contact information
    420 Main St Racine, WI 53403
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    Racine, WI 53403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Main St Racine, WI 53403
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