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Mixed-Use Property with Apartments
For Sale
$349,900

1521 Washington Ave, Racine, WI 53403

Operating bar and restaurant space is paired with three upstairs apartments in a historic commercial building.

Property Size9,594 SF
Price / SF$36.47
Days on Market16

Property Features for 1521 Washington Ave

General Information

Standard status Active
Size 9,594 SF

Building Details

Year Built 1927
Listing Agency: Lannon Stone Realty LLC
Listed By: Jeffrey Metz · License #48924-94
Source: Nikolicgroup
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 11:43PM

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 Lannon Stone Realty LLC

Investment Insights

Based on property information with market context.

Built in 1927, this mixed-use property combines a fully equipped bar and restaurant with three apartments on the upper level. The configuration brings commercial and residential components together within one building.

Located at 1521 Washington Ave in Racine, Wisconsin, the property offers an established setup for an owner-user or investor seeking both hospitality and residential space.

Key Highlights

  • Fully equipped bar and restaurant
  • Three apartments located upstairs
  • Mixed‑use commercial and residential configuration

Property Analytics

Current Use

Corner House Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
5,793 visits/mo 0.4 miles
Pantry Shops & Services
2,952 visits/mo 0.1 miles

Demographics for 53403, WI

26,269
Population
11,876
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
88%
High-School Grad
10.2 sq mi
ZIP Area
2,575
Density / Sq Mi
$58,274
Median Household Income
$37,130
Median Earnings
$1,029
Median Rent
$159,100
Median Home Value

Market

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?
Mixed-use property - Operating bar and restaurant space is paired with three upstairs apartments in a historic commercial building.
Where is this mixed-use property located?
The property is located at 1521 Washington Ave Racine, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Fully equipped bar and restaurant; Three apartments located upstairs; Mixed‑use commercial and residential configuration
More about this property
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