601 Lake AveRacine, WI 53403

  • Other commercial real estate
  • 26,456 SF
For Sale

Property Details for 601 Lake Ave

Year built
1912
Lot size
0.57 AC
Property size (Sq ft)
26,456 SF
Zone code
B4
Property type
Other commercial real estate
APN
276 000000309000
APU
276000000309000

Description

Harborview Professional Building, located at 601 Lake Ave in Downtown Racine, Wisconsin, 53403, offers exceptional office space with stunning Lake Michigan views. This three-story Class B building, constructed in 1912, boasts a total of 27,160 square feet. Multiple tenancy options are available, with a minimum divisible space of 5,738 square feet and a maximum contiguous space of 5,809 square feet. Currently, 11,547 square feet of space is vacant, presenting a significant opportunity for businesses seeking prime office locations. The building caters to various needs, offering both traditional and executive office suites. The property's central downtown location provides easy access to local amenities and transportation. The building's classic architecture blends seamlessly with the vibrant energy of Racine's downtown area. This is an excellent opportunity to establish a presence in a desirable location with breathtaking views. Three spaces are currently available, ranging from 2,824 to 5,809 square feet. Interested parties should inquire about available space and lease terms. The building's prime location and attractive features make it an ideal choice for businesses seeking a prestigious and functional workspace.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,467,764
    Hospitality
    $5,008,443
    Educational
    $4,166,966
    Medical
    $4,310,274
    Retail
    $6,481,946
601 Lake Ave, Racine, Wisconsin
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Location Insight

City
Racine
County
Racine
State
Wisconsin
Latitude
42.7269
Longitude
-87.781
CBSA code
39540
CBSA name
RACINE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,046
$238,500
$1,021,500
$1,260,000
-
$264,137
$1,131,305
$1,395,442

FAQs

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