212 4th St, Racine, WI

Listing agent Tami Gemmell Swanto Show Phone

Listing office NAI Pfefferle Show Phone

Listing date Aug 6, 2025

Source Moodyscre

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Overview

The property features a 63,000 square foot masonry building zoned B4 for office or retail use, known as The Journal Times Building. An additional 7,000 square foot masonry building is located across the street on the Root River, equipped with overhead doors and 50 parking spaces. The property is currently multi-tenant occupied and generates a net operating income (NOI) of $494,442.50, with a cap rate of 8.99%. This property offers flexible use options, including owner/user, leaseback, investment, or conversion back to a manufacturing facility. It presents a strong investment or 1031 exchange opportunity.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Racine

County

Racine

State

Wisconsin

Longitude

-87.7841

Latitude

42.7299

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FAQs

What type of property is this?

Office building - Multi-tenant office/retail building with additional building and parking.

Where is this office building located?

The property is located at 212 4th St Racine, WI.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: High NOI: $494,442.50; Attractive Cap Rate: 8.99%; Large 63,000 SF masonry building zoned B4 (office/retail)