1144 S Memorial Dr Racine, WI 53403
For Sale
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This exceptional commercial property, located at 1144 S Memorial Drive in Racine, Wisconsin, presents a compelling investment opportunity. Boasting 1,351 square feet of space situated on a 0.07-acre lot, this property offers significant potential for a variety of commercial ventures. Its prime location in Racine provides excellent visibility and accessibility, making it an ideal spot for a thriving business. The asking price of $55,000 represents a highly competitive entry point into the Racine commercial real estate market. The property's existing structure provides a solid foundation for immediate occupancy or renovation, allowing for customization to suit specific business needs. This versatile space is well-suited for a range of commercial uses, offering entrepreneurs and investors alike the chance to establish a successful enterprise in a dynamic and growing community. The 0.07-acre lot provides ample space for potential expansion or outdoor activities related to the business. Don't miss this chance to acquire a piece of Racine's vibrant commercial landscape and capitalize on the numerous opportunities this property presents. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment.
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Urban Stylez 262 Clothing Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Racine, WIRacine. Always verify with local authorities before improvements.
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.