Mixed-Use Building With Four
New
For Sale
$699,000
505 6th St Unit 507, Racine, WI 53403
Street-level commercial space is paired with four upper-floor residential units.
Property Size9,280 SF
Price / SF$75.32
Days on Market4
Property Features for 505 6th St Unit 507
General Information
Standard status
Active
Size
9,280 SF
Building Details
Year Built
1905
Listing Agency:
Berkshire Hathaway HomeServices Metro Realty
Listed By:
Nanette Behrens · License #5091390
(414) 688-6772
Source:
Jwregwi
Added: Sep 15
Last Checked: Sep 17 at 5:11AM
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 Berkshire Hathaway HomeServices Metro Realty
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property combines street-level commercial space with four upper residential units. The residential configuration includes two two-bedroom units, one one-bedroom unit, and one studio. The building was constructed in 1905 and has a reported property size of 9280.
The commercial spaces extend along 6th Street to 7th Street at 505 6th St Unit 507 in Racine, Wisconsin. Improvements include a roof replacement over the 7th St units in 2007, a rescue platform on 7th St in 2006, and new furnaces for both 7th St apartments in 2011. The property also received new AC in 2011, updated electrical circuit breakers for each first-floor commercial unit in 2007, three-phase electrical service and a furnace at 507 Commercial Space in 2015 and 2024, respectively, plus exterior wood replacement and full exterior painting in 2025.
The commercial spaces extend along 6th Street to 7th Street at 505 6th St Unit 507 in Racine, Wisconsin. Improvements include a roof replacement over the 7th St units in 2007, a rescue platform on 7th St in 2006, and new furnaces for both 7th St apartments in 2011. The property also received new AC in 2011, updated electrical circuit breakers for each first-floor commercial unit in 2007, three-phase electrical service and a furnace at 507 Commercial Space in 2015 and 2024, respectively, plus exterior wood replacement and full exterior painting in 2025.
Key Highlights
- Fully occupied mixed‑use building with street‑level commercial space and 4 upper residential units
- Residential mix includes 2 two‑bedroom units, 1 one‑bedroom unit, and 1 studio
- Commercial spaces extend from 6th Street to 7th Street
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space is paired with four upper-floor residential units.
Where is this mixed-use property located?
The property is located at 505 6th St Unit 507 Racine, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with street‑level commercial space and 4 upper residential units; Residential mix includes 2 two‑bedroom units, 1 one‑bedroom unit, and 1 studio; Commercial spaces extend from 6th Street to 7th Street
