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Property profile & analytics
OFF-MARKET
Investment properties

209 6th St Racine, WI 53403-1213

4,738 SF 0.05 ac lot Built 1882
Entity Owned 10-yr Hold Free & Clear
Property ID
US92-0045872
Property summary
AI-generated overview

This exceptional 2,600 square foot commercial property, located at 209 6th Street, Unit 1, in the heart of Downtown Racine, Wisconsin, presents a unique opportunity for businesses seeking a vibrant and convenient location. Recently renovated, the space boasts a flexible open layout, ideal for a variety of commercial uses. The main level encompasses 1,800 square feet, providing ample room for operations, while an additional 800 square feet in the lower level offers versatile storage or expansion potential. The property features two bathrooms, ensuring convenience for employees and clients. Existing electrical and plumbing infrastructure provides ample capacity for future modifications and tenant improvements. A key highlight is the inclusion of a glass-walled conference area, offering a professional and adaptable space for meetings and collaborations. The property sits on a 0.05-acre lot and benefits from its proximity to Monument Square, placing it within a thriving business district surrounded by successful neighboring enterprises. This is an exceptional chance to establish or relocate your business in a dynamic and highly visible location within the Downtown Racine community. The asking price is $2000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1882
Total area 4,738 SF
Lot 0.05 ac (2,309 SF)
Zoning code B4
APN 276 000000318000
UPID US92-0045872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Keyla Kyles-Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Sixth Street LLC · 10 yrs held
Sixth Street LLC
since 2016
7 recorded transactions
2016
Price N/A
2014
$40,000
2014
$50,000
2013
$60,000
2007
$170,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B4 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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