1 Main StRacine, WI 53403

  • Other commercial real estate
  • 44,439 SF
For Lease

Property Details for 1 Main St

Year built
2000
Lot size
1.75 AC
Property size (Sq ft)
44,439 SF
Zone code
B4
Property type
Other commercial real estate
APN
276 000000021006
APU
276000000021006

Description

One Main Centre, a three-story Class B office building (45,511 total square feet) in downtown Racine, offers diverse workspace solutions. Built in 2002, this single building sits on 1.7 acres of land and boasts 43 parking spaces. The property is zoned B-4 and features multiple tenancies, with six suites available in various sizes. Flexible space options range from a minimum of 1,124 square feet to a maximum contiguous space of 8,444 square feet. Ideal for a variety of businesses, including traditional office, executive office, and medical practices. Currently available spaces include a first-floor suite of 1,602 square feet, a large second-floor medical space encompassing 8,444 square feet, and several third-floor corner suites ranging from 1,191 to 5,907 contiguous square feet. This prime location on the Root River offers a desirable address and convenient access for employees and clients. The building's attractive features and flexible space options make it an excellent choice for businesses seeking a well-located and functional office environment. Inquire today to learn more about available suites and lease terms.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,184,381
    Hospitality
    $8,412,844
    Educational
    $6,999,388
    Medical
    $7,240,107
    Retail
    $10,887,936
1 Main St, Racine, Wisconsin
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Location Insight

City
Racine
County
Racine
State
Wisconsin
Latitude
42.7327
Longitude
-87.7834
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
$174,043
$602,000
$5,759,000
$6,361,000
-
$666,711
$6,378,062
$7,044,773

FAQs

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