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Fully Leased Strip Mall
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4959 Douglas Ave, Racine, WI 53402

Retail center occupied by multiple tenants in a multi-suite commercial configuration.

Days on Market6

Property Features for 4959 Douglas Ave

General Information

Standard status Active
Property subtype RETAIL
Occupancy 100%
Listing Agency: Marcus & Millichap
Listed By: Todd Lindblom · License #56163
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Aug 1 at 2:44PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This strip mall is a fully leased retail center with a multi-suite configuration. The property is positioned as an occupied commercial asset serving multiple retail tenants.

Located at 4959 Douglas Ave in Caldonia, Wisconsin, the center offers an established retail setting within the local market.

Key Highlights

  • Fully leased strip center
  • Multi‑suite retail configuration
  • Located at 4959 Douglas Ave, Caldonia, WI 53402

Property Analytics

Current Use

ATM Johnson Financial ... Atm Johnson Financial Group Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Hair Salon Auto Repair Shop

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
135k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Groceries 27% Shops & Services 21% Electronics 2%
Pick 'n Save Groceries
36,149 visits/mo 0.1 miles
Culver's Dining
22,572 visits/mo 0.5 miles
Speedway Shops & Services
21,712 visits/mo 0.1 miles
McDonald's Dining
16,917 visits/mo 0.2 miles
Starbucks Dining
16,060 visits/mo 0.1 miles

Demographics for 53402, WI

33,621
Population
15,660
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,681
Density / Sq Mi
$74,125
Median Household Income
$47,838
Median Earnings
$1,049
Median Rent
$224,200
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center occupied by multiple tenants in a multi-suite commercial configuration.
Where is this strip mall located?
The property is located at 4959 Douglas Ave Racine, WI.
What is the asking price?
The asking price for this property is $2,586,000.
What are key features of this property?
This property features: Fully leased strip center; Multi‑suite retail configuration; Located at 4959 Douglas Ave, Caldonia, WI 53402
(262) 364-1964 Call to check price and availability
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