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201 6th St Racine, WI 53403-1264

OFF-MARKET Commercial real estate Google Maps
18,600 SF 0.08 ac lot Built 1900
Entity Owned ~ Est. High Equity
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US92-0819020

Property summary

AI-generated overview

This exceptional 18,600 square foot restaurant and sports bar, located at 201 6th St, Racine, WI 53403 (cross streets: Main Street), presents a unique investment opportunity in the heart of Downtown Racine. Situated on a 0.08-acre lot, this single-tenant property boasts a prominent corner location overlooking Monument Square, offering unparalleled visibility and foot traffic. The main floor encompasses a spacious bar area with ample seating for approximately 100 patrons, complete with a large bar featuring back bar coolers and multi-line tappers, multiple wall-mounted TVs, and various games. Two modern restrooms and a fully equipped kitchen cater to the needs of a bustling establishment. A dedicated private dining area, also equipped with TVs, offers an additional space overlooking the square. Beyond the first floor, a substantial banquet room on the second floor provides stunning views of Lake Michigan and Main Street, ideal for larger events or private functions. The property is zoned B4: Central Business District (APN: 00316000). The current monthly rent is $4,000, plus utilities. This turnkey operation is ready for a new owner to capitalize on its prime location and established infrastructure.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 18,600 SF
Lot 0.08 ac (3,659 SF)
Zoning code B4
APN 276 000000316000
UPID US92-0819020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • Marketing & Advertising
  • Law Firm
  • Law Firm
  • Charitable Organization Social Service Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2026
4 recorded transactions
2026
$610,000
2025
Price N/A
2018
Price N/A
2012
$295,000

Zoning & alternative use

B4 · Racine, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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