2312 Douglas Ave Racine, WI 53402-4510
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.
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Park Inn Restaurant
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
B3 · Racine, WICosts & 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.