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Property profile & analytics
OFF-MARKET
Drive through restaurants

2312 Douglas Ave Racine, WI 53402-4510

1,975 SF 0.3 ac lot Built 1946
Individually Owned 1-yr Hold Free & Clear
Property ID
US92-0498514
Property summary
AI-generated overview

This thriving Racine, Wisconsin restaurant presents a fantastic owner-user investment opportunity. Located at 2312 Douglas Ave, this 1,976 square foot establishment sits on a 0.303-acre lot and is offered at $499,900. Currently operating as a successful breakfast and lunch spot, the business boasts a high demand for dinner service, representing significant untapped potential for growth. The restaurant comfortably seats approximately 60 patrons and includes a convenient carry-out window for added convenience. Ample parking is available with 32 designated spots. The property is categorized as retail, specifically a restaurant, and is being sold as a turnkey operation. The sale includes all necessary equipment and infrastructure, allowing a new owner to seamlessly transition into operations. Simply bring your staff – a cook, waitress, and manager – and begin serving customers. This is an exceptional chance to acquire a well-established business with immediate revenue generation and significant upside in a desirable location within Racine County, Wisconsin, zip code 53402. The property's prime location and existing customer base provide a solid foundation for continued success and expansion.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1946
Total area 1,975 SF
Lot 0.3 ac (13,199 SF)
Zoning code B3
APN 276 000020956010
UPID US92-0498514
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
  • Park Inn Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Daniel J Daams · 1 yrs held
Daniel J Daams
since 2025
3 recorded transactions
2026
Price N/A
2025
$225,000
2005
Price N/A
Zoning & alternative use
B3 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Check
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