1627 Douglas Ave Racine, WI 53404-2721
This exceptional 1,500 square foot commercial property, located at 1627 Douglas Avenue in Racine, Wisconsin, presents a fantastic opportunity for a discerning business. Situated on a 0.12-acre lot, this general commercial space boasts significant advantages, including heavy daytime foot traffic and prominent visibility from Douglas Avenue. Large display windows maximize natural light and showcase your business effectively to passersby. The spacious interior provides ample room for operations, while a convenient basement offers additional storage. On-site parking accommodates four vehicles, supplemented by readily available unmetered street parking for customers. The property's strategic location near a bus line ensures accessibility for a wide range of clientele. According to the Department of Transportation, 6,600 vehicles pass this building daily, guaranteeing substantial exposure. This property is part of the thriving North Racine Business District, and potential grants may be available – inquire for details. The lease requires a minimum two-year commitment, with a monthly rent of $1,500. Utilities (gas, electric, sewer, and water) and security system costs are the tenant's responsibility. The landlord may include existing retail fixtures as part of the lease agreement. Don't miss this chance to establish your business in a high-traffic, highly visible location.
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Unifits Apparel 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.