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    125 State St Burlington, WI 53105

    Sponsored
    For Lease
    $12 SF/Yr ($11,532 /Mo)

    Prime Racine location, flexible office suites.

    Lot size:
    11,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This three-story, 11,532 square foot commercial building at 125 East State Street in Racine County offers a unique investment opportunity. Currently, 7,264 square feet of space is available for lease, divisible into units ranging from 213 to 2,801 contiguous square feet. The building features a mix of retail and traditional office space, including a commercial kitchen, making it ideal for a variety of businesses. The property sits on a 0.4-acre lot and boasts 24 parking spaces, a significant advantage in a busy downtown area. Recent improvements include a new roof and parking lot (2022), ensuring low maintenance costs for the tenant. The building is zoned B2 and has a high visibility location on State Street, experiencing approximately 4,100 cars per day, according to Wi-Dot data. The property's APN is 206031932540001. While there are no elevators, the building's multiple tenancy structure and flexible lease terms provide significant adaptability for various business needs. This is a rare opportunity to secure prime commercial space in a thriving downtown Racine location.

    Property Features for 125 State St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,532 SF
    Total Rate
    11532

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Amethyst Room
    Size
    279 SF
    Rate per SF
    $8,400
    Space
    Dining Room & Kitchen
    Size
    777 SF
    Rate per SF
    $22
    Space
    Garden Suite
    Size
    1,206 SF
    Rate per SF
    $22
    Space
    State Room
    Size
    213 SF
    Rate per SF
    $22
    Space
    Gym
    Size
    1,563 SF
    Rate per SF
    $22
    Space
    Sanctuary and Mezzanine
    Size
    2,801 SF
    Rate per SF
    $22
    Space
    Second Floor (Mezzaine)
    Size
    425 SF
    Rate per SF
    $22

    HighLights

    • Investment opportunity in Racine County's business district.
    • Recently renovated with a new roof and parking lot (2022).
    • Flexible lease options from 213 to 2,801 square feet, including retail, office, and commercial kitchen space.
    • High visibility location on State Street with approximately 4,100 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Racine
    State
    Wisconsin
    Longitude
    -88.275595
    Latitude
    42.6760824

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Racine location, flexible office suites.
    Where is this office property / space located?
    The property is located at 125 State St Burlington, WI.
    What is the lease rate?
    The lease rate is $22-$8,400 SF/Yr.
    What are key features of this property?
    This property features: Investment opportunity in Racine County's business district.; Recently renovated with a new roof and parking lot (2022).; Flexible lease options from 213 to 2,801 square feet, including retail, office, and commercial kitchen space.
    Request Owner's contact information
    125 State St Burlington, WI 53105
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    Burlington, WI 53105
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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
    125 State St Burlington, WI 53105
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