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    1 Main St Racine, WI 53403

    Sponsored
    For Lease
    Contact for pricing

    Downtown Racine office suites, 1,124-8,444 sq ft.

    Lot size:
    45,511 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    One Main Centre, a three-story Class B office building (45,511 total square feet) in downtown Racine, offers diverse workspace solutions. Built in 2002, this single building sits on 1.7 acres of land and boasts 43 parking spaces. The property is zoned B-4 and features multiple tenancies, with six suites available in various sizes. Flexible space options range from a minimum of 1,124 square feet to a maximum contiguous space of 8,444 square feet. Ideal for a variety of businesses, including traditional office, executive office, and medical practices. Currently available spaces include a first-floor suite of 1,602 square feet, a large second-floor medical space encompassing 8,444 square feet, and several third-floor corner suites ranging from 1,191 to 5,907 contiguous square feet. This prime location on the Root River offers a desirable address and convenient access for employees and clients. The building's attractive features and flexible space options make it an excellent choice for businesses seeking a well-located and functional office environment. Inquire today to learn more about available suites and lease terms.

    Property Features for 1 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,511 SF
    Class
    B

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,602 SF
    Space
    Suite 201
    Size
    8,444 SF
    Space
    Suite 330
    Size
    1,902 SF
    Space
    Suite 340
    Size
    1,191 SF
    Space
    Suite 350
    Size
    1,690 SF
    Space
    Suite 370
    Size
    1,124 SF

    HighLights

    • Class B, 45,511 SF office building with multiple tenancies.
    • Six suites available, ranging from 1,124 SF to 8,444 SF contiguous.
    • Located on 1.7 acres in downtown Racine.
    • Three‑story building constructed in 2002, offering 43 parking spaces.
    • Zoned B‑4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wfmg Adult Internal ... Medical Clinic CLA (CliftonLarsonAllen) Accounting Firm Bank of the West Bank Gerald Wisniewski Internist Judith A. Bagley, NP Nurse Practitioner

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.783635
    Latitude
    42.7327287

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    FAQs

    What type of property is this?
    Medical office - Downtown Racine office suites, 1,124-8,444 sq ft.
    Where is this medical office located?
    The property is located at 1 Main St Racine, WI.
    What are key features of this property?
    This property features: Class B, 45,511 SF office building with multiple tenancies.; Six suites available, ranging from 1,124 SF to 8,444 SF contiguous.; Located on 1.7 acres in downtown Racine.
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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
    1 Main St Racine, WI 53403
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