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Property profile & analytics
OFF-MARKET
Office Spaces

310 5Th St Racine, WI 53403

2,115 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 2,115 SF
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
  • Michael Harlan American Family Insurance Insurance Agency
  • Flip This Flip That Discount Store
  • Anna Kojovic Piano Studio Tutoring Service Training Center
  • Sow Up Entertainment Film & Photography (Bike/Boat/Book/etc) Store Photography Service
  • Crown of Locs and Natural Hair LLC Hair Salon
Value estimations
Realmo proprietary · 4 methods
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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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