Medical Premises

Racine, WI Medical Office Space for Sale

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Mount Pleasant, WI Kenosha, WI Caledonia, WI Sturtevant, WI Pleasant Prairie, WI Oak Creek, WI Somers, WI Union Grove, WI
Office Units with Elevator
Updated: Jan 16, 2025
Office Units with Elevator

5802 Washington Ave, Racine, WI 53406

Contact for pricing
1,831 sqft 1.64 AC lot
Approximately +/- 1831 sq/ft space with waiting room, offices, bathroom, and storage
Second space offers approximately 1200 sq/ft
Elevator provides access to the second floor
Handicap accessibility at the building
Building signage and abundant lighted parking lot
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Renovated Medical Office Space
Updated: Sep 21
Renovated Medical Office Space

3005 Rapids Dr, Racine, WI 53404

$349,900
1,220 sqft
1,220 SF medical office property
Extensive renovations completed since 2021
Three treatment rooms, each with its own sink
Break room can serve as a fourth treatment room or private office
Partial basement provides additional storage
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See hot listings in Racine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Medical Office Space
Freestanding Medical Office Space

7420 W Forest Home Ave, Greenfield, WI 53220

$399,000
2,925 sqft 0.26 AC lot

Standalone professional setting with dedicated parking and C4 Commercial zoning.

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Freestanding Office Building with Parking
Freestanding Office Building with Parking

7420 W Forest Home Ave, Greenfield, WI 53220

$399,000
2,925 sqft

Freestanding office building on a high-traffic corridor with dedicated parking and visibility for professional or medical use.

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Fully Leased Outpatient Medical Facility
Fully Leased Outpatient Medical Facility

12555 W NATIONAL AVE, New Berlin, WI 53151

Contact for pricing
16,808 sqft

Stabilized outpatient medical building is 100% leased on a triple-net basis with annual rent escalations.

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Corner Medical Office Space
Corner Medical Office Space

14700 W National Ave, New Berlin, WI 53151

$800,000

Medical office space positioned at the intersection of W National Ave and S 147th St.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Highway Access
Commercial Land with Highway Access

9530 W Loomis Rd, Franklin, WI 53132

$249,900
1.19 AC lot

B-R-zoned commercial parcel with a turnaround cut providing convenient access from Hwy 36.

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B-4 Highway Business Land
B-4 Highway Business Land

W125S9782 N Cape Rd, Muskego, WI 53150

$699,000
4.60 AC lot

B-4-zoned commercial land with highway exposure, a secondary entrance, and a sewer lateral serving the lot.

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Off-Market Properties in Racine, WI

Consider similar Off-Market properties in Racine, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

310 5Th St
Coworking space

310 5Th St, Racine, WI 53403

Estimated value: by Request
2,115 sqft
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2211-2417 Green Bay Rd
Restaurants

2211-2417 Green Bay Rd, Racine, WI 53406

Estimated value: by Request
153,067 sqft
View details

Racine, WI Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Racine, WI on our real estate platform. These investment opportunities span a total of 3,051 square feet of properties for sale, with an estimated market value of $349,900.

Sale prices for medical spaces in Racine, WI average $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 12
Medical Office Space 5
Coworking space 3
Office buildings 3
Creative space 2

Demographics Overview

Population 128K
Population Growth (5Y) -0.5%
Median Household Income $67,844
College Educated 20.7%

High-Yield Neighborhoods for Investment

Identify Racine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53404 $349.9K

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $24.95 per SF
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Racine County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Racine fall within the 10,000 to 25,000 square foot range.

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