310 5Th St Racine, WI 53403
This two-story, 2,115 square foot office building in Downtown Racine offers multiple suites, ranging from 100 to 575 contiguous square feet. Ideally situated across from the new Hotel Verdant, this well-maintained building provides a convenient and professional environment. Current tenants represent diverse fields, including insurance, law, music instruction, and real estate. The building features shared common areas, including first-floor restrooms. Individual suites are equipped with window air conditioning units, and heat is included. Plumbing is readily accessible for easy build-outs, making it suitable for a variety of businesses, from startups and home offices to medical practices, legal offices, or other small professional services. The building is under new ownership and offers a secure and clean workspace. Seven total suites are available, with a minimum divisible space of 100 square feet. The building does not have elevators or on-site parking. This is a fantastic opportunity to establish a presence in the vibrant heart of Downtown Racine.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.