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Multi-Tenant Shopping Center
For Sale
$1,249,900

2300 Rapids Dr, Racine, WI 53404

Established retail and service occupants share a versatile commercial property with parking and additional outlot development potential.

Property Size32,748 SF
Price / SF$38.17
Days on Market361

Property Features for 2300 Rapids Dr

General Information

Standard status Active
Size 32,748 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $14,490

Amenities

Central Air
3
Tar Gravel
B2
125 Parking Spaces.
5 to 9.99

Building Details

Year Built 1989
Tenancy Multi
Listing Agency: RE/MAX Newport
Listed By: Karen Sorenson · License #5678790
Source: Xome
Added: Aug 31, 2025 Changed: Aug 25 Last Checked: Aug 25 at 6:08AM

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 RE/MAX Newport

Investment Insights

Based on property information with market context.

This 32,748-square-foot shopping center at 2300 Rapids Dr in Racine, Wisconsin, combines retail, service, office, restaurant, and fitness uses. The property includes a Flex Gym with new HVAC systems and updated lighting, along with a nail salon, Yellow Ginger restaurant, and WIC office. Family Furniture and Family Dollar are also part of the tenant mix, creating a broad range of on-site offerings.

Ample parking supports customer and client access across the property. Additional buildings may be constructed on the outlots, providing an opportunity to expand the site's existing commercial configuration.

Key Highlights

  • 32,748‑square‑foot shopping center at 2300 Rapids Dr, Racine, WI
  • Tenant mix includes Flex Gym, nail salon, Yellow Ginger restaurant, and WIC office
  • Family Furniture and Family Dollar are also located on the property

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Dining 23%
Family Dollar Shops & Services
10,249 visits/mo 0.0 miles
Little Caesars Pizza Dining
4,133 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
3,459 visits/mo 0.4 miles

Demographics for 53404, WI

15,532
Population
5,110
Households
3
Avg Household Size
32
Median Age
13%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
3,170
Density / Sq Mi
$47,714
Median Household Income
$35,419
Median Earnings
$968
Median Rent
$126,800
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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Similar Off Market Nearby

  • La Huasteca Meat Market 1501 Dr Martin Luther King Dr, Racine, WI 53404
  • Studio 60 1661 Douglas Ave # 10, Racine, WI 53404
  • Racine Wholesale 2210 Rapids Dr, Racine, WI 53404

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail and service occupants share a versatile commercial property with parking and additional outlot development potential.
Where is this shopping center located?
The property is located at 2300 Rapids Dr Racine, WI.
What is the asking price?
The asking price for this property is $1,249,900.
What are key features of this property?
This property features: 32,748‑square‑foot shopping center at 2300 Rapids Dr, Racine, WI; Tenant mix includes Flex Gym, nail salon, Yellow Ginger restaurant, and WIC office; Family Furniture and Family Dollar are also located on the property
More about this property
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