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Mixed-Use Bar and Restaurant
New
For Sale
$349,900

1521 washington Ave, Racine, WI 53403

COMMERCIAL - Racine, WI

Property Size9,594 SF
Lot Size0.17 Acres
Price / SF$36.47
Days on Market2

Property Features for 1521 washington Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning b2
Directions GPS
Standard status Active
APN 09308002
Size 9,594 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 15980

Building Details

Year built 1927
Architectural style Other
Listing Agency: Lannon Stone Realty LLC
Listed By: Jeffrey Metz · License #48924-94
Added: Aug 12 Last Checked: Aug 13 at 8:06AM
MLS# 1975833

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property includes a fully equipped bar and restaurant on the main level, along with three apartments positioned upstairs. The 9,594-square-foot building provides both commercial and residential components within one structure, supporting a combined hospitality and income-property format.

Built in 1927, the property occupies 0.17 acres and is zoned B2. Its address is 1521 Washington Ave in Racine, Wisconsin, within ZIP Code 53403.

Key Highlights

  • Fully equipped bar and restaurant
  • Three apartments located upstairs
  • 9,594‑square‑foot mixed‑use building

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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a fully equipped hospitality space with three upstairs apartments.
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; 9,594‑square‑foot mixed‑use building
More about this property
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