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Three-Unit Mixed-Use Building
For Sale
$839,900

3616 Northwestern Ave, Racine, WI 53404

A bar tenant occupies one of three units at a signalized intersection.

Property Size8,835 SF
Price / SF$95.07
Days on Market10

Property Features for 3616 Northwestern Ave

General Information

Standard status Active
Size 8,835 SF
Total Parking Spaces 50
Property subtype Commercial
Zoning B-3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,075

Building Details

Building Size 8,835 SF
Year Built 1947
Buildings 1
Listing Agency: Deb DeFere Real Estate LLC
Listed By: Deb DeFere
Source: Defererealestate
Added: Oct 16 Changed: Oct 25 Last Checked: Oct 24 at 2:37PM

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 Deb DeFere Real Estate LLC

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Investment Insights

Based on property information with market context.

Built in 1947, this three-unit mixed-use property has a bar tenant in place. The building previously housed a restaurant and a laundromat, and the property is offered in its current condition. B-3 zoning applies.

The property sits at the signalized intersection of Rapids Drive and Northwestern Avenue, also identified as Hwy K, in Racine, Wisconsin.

Key Highlights

  • Three commercial units in a mixed‑use building
  • Bar tenant occupies one unit
  • B‑3 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

River Run Family ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Restaurant Hair 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

185
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Hotels & Casinos 5%
BP Shops & Services
10,575 visits/mo 0.1 miles
Landmark Credit Union Shops & Services
4,499 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
3,459 visits/mo 0.3 miles
Pantry Shops & Services
941 visits/mo 0.1 miles
Travelodge Hotels & Casinos
920 visits/mo 0.2 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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A bar tenant occupies one of three units at a signalized intersection.
Where is this mixed-use property located?
The property is located at 3616 Northwestern Ave Racine, WI.
What is the asking price?
The asking price for this property is $839,900.
What are key features of this property?
This property features: Three commercial units in a mixed‑use building; Bar tenant occupies one unit; B‑3 zoning
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