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

1521 Washington Ave, Racine, WI 53403

Y, Racine, WI

Property Size9,594 SF
Lot Size0.17 Acres
Price / SF$36.47
Days on Market48

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 Changed: Sep 25 Last Checked: Sep 28 at 1:06PM
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 combines a fully equipped bar and restaurant with three apartments on the upper level. The building contains 9,594 square feet on a 0.17-acre lot and was constructed in 1927. B2 zoning supports the property's mixed-use classification.

Located at 1521 Washington Ave in Racine, Wisconsin, the property is available for sale or lease. The existing restaurant and bar improvements are already in place, while the residential units provide an additional component within the same building.

Key Highlights

  • Fully equipped bar and restaurant
  • Three apartments located upstairs
  • 9,594 square feet of building area

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully equipped food-and-beverage operation 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 feet of building area
More about this property
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