Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

4901 Washington Ave Racine, WI 53406

  • Commercial real estate
  • 85,387 SF
  • 10.00 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • The Salvation Army Family Store & Donation Center / Thrift Store / Second Hand Store
  • CSL Plasma / Blood Donation Center
  • Service First Staffing / Employment Agency
  • Dollar General / Discount Store / Drug Store
  • Western Union / Money Transfer Service

Property Details for 4901 Washington Ave

Year built
1979
Lot size
10.00 lot acres
Property size
85,387 SF
Property type
Commercial real estate

Description

This exceptional 85,387 square foot commercial property, situated on a 10-acre lot at 4901 Washington Avenue, Unit 4915, Racine, WI, presents a compelling investment opportunity. The property boasts a diverse portfolio of long-term tenants with a proven history of consistent rental payments. National brands such as Dollar General, CSL Plasma, and a Salvation Army store and donation center anchor the tenant mix, providing strong financial stability and predictable cash flow. Recent upgrades significantly enhance the property's value and curb appeal. These improvements include a newly renovated display sign, resealed and restriped parking lot, a completely repainted exterior facade with a modern aesthetic, and extensive new landscaping. Numerous smaller projects have also been completed to maintain the property's high standards. A recently completed five-year sprinkler system inspection and recertification ensures compliance and safety. The property's strategic location on Washington Avenue offers excellent visibility and accessibility. Furthermore, a potential outlot on Washington Avenue is available for sale, presenting an additional investment opportunity for a buyer. This property is ideally suited for a 1031 exchange or as a long-term, cash-flowing investment. The combination of strong tenants, recent upgrades, and potential for expansion makes this a truly remarkable investment prospect.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Racine
County
RACINE
State
Wisconsin
Longitude
-87.8387
Latitude
42.7166
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message