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Property profile & analytics
OFF-MARKET
Investment properties

607 6th St Racine, WI 53403-1119

5,920 SF 0.08 ac lot Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-1409694
Property summary
AI-generated overview

This exceptional 3,000 square foot single-tenant retail or restaurant space is ideally situated in the vibrant heart of downtown Racine, Wisconsin. Boasting a generous open layout with high ceilings and abundant natural light from large windows, this property offers unparalleled versatility. The bright and airy atmosphere creates a welcoming environment perfect for a diverse range of businesses, from retail shops to bars or cafes. Its prime downtown location ensures high foot traffic and excellent visibility, placing your business among popular eateries, shops, and cultural attractions. Convenient access to public transportation and nearby parking options further enhance its appeal. This space presents a unique opportunity to establish a thriving business in a thriving downtown area, offering a solid foundation for success and growth within a bustling community. The flexible floor plan allows for customization to perfectly suit your specific needs and vision, making it an ideal canvas for your next venture. This property is located at 607 6th Street, Racine, WI 53403. There are no elevators in the building.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 5,920 SF
Lot 0.08 ac (3,441 SF)
Zoning code B4
APN 276 000000014000
UPID US92-1409694
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Meva LLC · 7 yrs held
Meva LLC
since 2018
2 recorded transactions
2018
$185,000
1969
Price N/A
Zoning & alternative use
B4 · Racine, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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