You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Community centers

3900 Erie St Racine, WI 53402

91,381 SF 6.62 ac lot Built 1960
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-0140964
Property summary
AI-generated overview

This exceptional retail opportunity presents 91,381 square feet of space within the Shorecrest Shopping Center, located at 3900 Erie St, Racine, WI 53402, at the cross streets of Erie & 3 Mile Road. The single-story building offers a variety of spaces, perfect for a range of retail businesses. Currently, there are 17,995 square feet of vacant space available, divisible into units as small as 1,300 square feet and up to a maximum contiguous space of 7,320 square feet. Five individual spaces are currently available for lease. The property boasts ample parking with 394 spaces for customer convenience. This strip/neighborhood center is strategically positioned in Racine, Wisconsin, offering excellent visibility and accessibility for businesses seeking a thriving retail location. The property is classified as a retail space and is ideal for businesses seeking a well-established location with high foot traffic potential. The property's convenient location and ample parking make it an attractive option for both businesses and customers. This is a fantastic opportunity to establish or expand your retail presence in a vibrant community. Contact us today to learn more about leasing options and availability.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1960
Total area 91,381 SF
Lot 6.62 ac (288,324 SF)
Zoning code B2
APN 276 000005969003
UPID US92-0140964
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
  • Razor Sharp Fitness Gym & Fitness Center
  • Main Moon Chinese Restaurant Restaurant
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Piggly Wiggly Grocery & Convenience Store Food Market
  • BrownSuga Nails & Beauty Supply Store (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M
Owner & transaction history
Erie & Three Mile Road LLC · 21 yrs held
Erie & Three Mile Road LLC
since 2004
3 recorded transactions
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B2 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Check
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message