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    601 Lake Ave Racine, WI 53403

    Sponsored
    For Lease
    Contact for pricing

    Downtown Racine Office Space: Lake Michigan Views

    Lot size:
    27,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Harborview Professional Building, located at 601 Lake Ave in Downtown Racine, Wisconsin, 53403, offers exceptional office space with stunning Lake Michigan views. This three-story Class B building, constructed in 1912, boasts a total of 27,160 square feet. Multiple tenancy options are available, with a minimum divisible space of 5,738 square feet and a maximum contiguous space of 5,809 square feet. Currently, 11,547 square feet of space is vacant, presenting a significant opportunity for businesses seeking prime office locations. The building caters to various needs, offering both traditional and executive office suites. The property's central downtown location provides easy access to local amenities and transportation. The building's classic architecture blends seamlessly with the vibrant energy of Racine's downtown area. This is an excellent opportunity to establish a presence in a desirable location with breathtaking views. Three spaces are currently available, ranging from 2,824 to 5,809 square feet. Interested parties should inquire about available space and lease terms. The building's prime location and attractive features make it an ideal choice for businesses seeking a prestigious and functional workspace.

    Property Features for 601 Lake Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,160 SF
    Class
    B

    Building Details

    Year Built
    1912
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    5,738 SF
    Space
    Suite 100
    Size
    2,824 SF
    Space
    Suite 300
    Size
    5,809 SF

    HighLights

    • Class B, three‑story office building totaling 27,160 square feet in Downtown Racine, WI.
    • Stunning Lake Michigan views.
    • Multiple suites available, ranging from 2,824 to 5,809 square feet; 11,547 square feet currently vacant.
    • Prime downtown location with easy access to amenities and transportation.
    • Built in 1912, offering a blend of classic architecture and modern functionality.
    Property Profile Location Intelligence

    Current Use by Public Records

    Racine Elks Club, ... Historical Landmark Law Offices of Christy ... Criminal Justice Attorney Wyant C Judley Attorney Kallenbach Terrance Attorney Wyant Law Offices, ... Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.7812909
    Latitude
    42.7267698

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Racine Office Space: Lake Michigan Views
    Where is this office property / space located?
    The property is located at 601 Lake Ave Racine, WI.
    What are key features of this property?
    This property features: Class B, three-story office building totaling 27,160 square feet in Downtown Racine, WI.; Stunning Lake Michigan views.; Multiple suites available, ranging from 2,824 to 5,809 square feet; 11,547 square feet currently vacant.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Lake Ave Racine, WI 53403
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