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Property profile & analytics
OFF-MARKET
Office Spaces

524 Racine Wi Racine, WI 53403

Property ID
Property summary
AI-generated overview

This exceptional 1,890 square foot office space is ideally situated in the heart of downtown Racine, Wisconsin, directly on Main Street and steps from the lake. Enjoy stunning downtown views from large windows within this single-tenant traditional office. The unit boasts a private bathroom, while shared common hallway restrooms are also available. Ample street parking is conveniently located nearby. The space features forced-air heat and central air conditioning for year-round comfort. Security is ensured with a secured building entry and secured mailboxes. The multi-level layout includes multiple attached storage rooms, providing ample storage solutions. Elevators are available for convenient access for occupants and customers. The building showcases a blend of stone and hardwood flooring, adding to its character and appeal. All utilities are included in the monthly rent of $995. A move-in special offers one month's rent free. A security deposit of $995 is required. Pre-qualification criteria include a monthly income three times the rent, verified income documentation (pay stubs/bank statements), no prior evictions, and one year of positive rental history (or a co-signer). The property is available now.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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