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    Racine, WI Restaurants for Sale

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    12 properties
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    Mixed-Use Bar and Restaurant
    Updated: Aug 14
    Mixed-Use Bar and Restaurant

    2203 Dekoven Ave, Racine, WI 53403

    $365,000
    2,060 sqft
    Upstairs apartment with 3 bedrooms and 1 bath
    Bar and restaurant space with a west‑side patio
    New kitchen equipment included
    Basement and garage provide storage for business inventory
    Garage includes a built‑in smoking room
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2203 Dekoven Ave, Racine, WI 53403

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $409K
      Above asking

    • Last Sold

      Jul 2023
      $250K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1926
    View Property Analytics
    Multi-Property Residential and Bar Portfolio
    Updated: Jul 9
    Multi-Property Residential and Bar Portfolio

    1120 Mound Ave, Racine, WI 53404

    $749,000
    7,673 sqft 0.41 AC lot
    Multi‑property package includes 3 single‑family homes at 1102 Mound, 1108 Mound, and 1120 Mound
    Additional buildings include a 4‑unit home at 1115 Liberty
    Bar included at 1117 Liberty (bar at 1102 Mound listed separately as MLS# 1962212)
    Year built listed as 1880
    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    1102 Mound Ave, Racine, WI 53404

    $190,000
    2,440 sqft 0.03 AC lot

    Mixed-use building with an attached three-bedroom apartment and space associated with bar, restaurant, or food truck operations.

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    Mixed-Use Property with Fitness Center
    Mixed-Use Property with Fitness Center

    2300 Rapids Dr, Racine, WI 53404

    $1,249,900
    32,748 sqft 5.55 AC lot

    B2-zoned property combines fitness, restaurant, salon, office, and retail occupants with on-site parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    1102 Mound Ave, Racine, WI 53404

    $190,000
    2,440 sqft

    Includes an attached 3-bedroom apartment suitable for owner occupancy or rental use.

    View details
    Two-Level Mixed-Use Building
    Two-Level Mixed-Use Building

    3401 Douglas Ave, Racine, WI 53402

    $339,000
    2,377 sqft 0.08 AC lot

    Commercial space below and a three-bedroom residence above create a flexible live-work configuration.

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    Mixed-Use Bar and Restaurant Building
    Mixed-Use Bar and Restaurant Building

    1521 Washington Ave, Racine, WI 53403

    $349,900
    9,594 sqft 0.17 AC lot

    Commercial building combining a fully equipped dining and beverage operation with three upstairs apartments.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    1521 Washington Ave, Racine, WI 53403

    $349,900
    9,594 sqft

    Operating bar and restaurant space is paired with three upstairs apartments in a historic commercial building.

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    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    2300 Rapids DRIVE, Racine, WI 53404

    $1,249,900
    32,748 sqft

    Established retail and service occupants share a versatile commercial property with parking and additional outlot development potential.

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    Wendy’s NNN Restaurant Property
    Wendy’s NNN Restaurant Property

    4910 Washington Ave, Racine, WI 53406

    Contact for pricing
    2,513 sqft 0.91 AC lot

    Single-tenant Wendy’s restaurant with an absolute NNN lease and more than 12 years remaining.

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    Five-Story Mixed-Use Building
    Five-Story Mixed-Use Building

    201 6th St, Racine, WI 53403

    Contact for pricing

    Restaurant, banquet, office, and entertainment areas are arranged across a substantial downtown commercial property.

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    New KFC Restaurant Property
    New KFC Restaurant Property

    2090 S Green Bay Rd, Racine, WI 53406

    Contact for pricing

    Brand-new restaurant property with an absolute net lease and tenant-paid operating expenses.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tavern With Upstairs Apartment
    Tavern With Upstairs Apartment

    1548 Sheridan ROAD, Kenosha, WI 53140

    $895,000
    3,784 sqft

    Established tavern with an apartment above, plus included 4-bedroom home and vacant land.

    View details
    Tavern with Apartment Above
    Tavern with Apartment Above

    1548 Sheridan Rd, Kenosha, WI 53140

    $895,000
    3,784 sqft 1.77 AC lot

    Established tavern includes furnishings, fixtures, and equipment, plus an apartment above and included adjacent property.

    View details
    Freestanding Drive-Thru Restaurant
    Freestanding Drive-Thru Restaurant

    1780 22nd Ave., Kenosha, WI 53140

    Contact for pricing
    3,004 sqft

    Freestanding second-generation restaurant with existing drive-thru infrastructure and ample parking on a 22nd Avenue retail corridor.

    View details
    Arby's Restaurant Out-Parcel
    Arby's Restaurant Out-Parcel

    7141 Durand Ave, Sturtevant, WI 53177

    Contact for pricing

    Restaurant property surrounded by national retailers and established shopping destinations, with a long-term lease structure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Corner Land
    Commercial Corner Land

    Lt1 W Loomis Rd, Franklin, WI 53132

    $995,000
    2.50 AC lot

    B-G-zoned parcel with strong roadway exposure and convenient access to nearby commercial amenities and I-94.

    View details
    Residential Land with Two Homes
    Residential Land with Two Homes

    10049 W Loomis Rd, Franklin, WI 53132

    $1,200,000
    4.12 AC lot

    Two 3BR/1BA residences on 4+ acres, sold as-is, with B-3 zoning for future development planning.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

    View details
    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    1730 W Beach Road, Waukegan, IL 60087

    $152,900
    1.41 AC lot

    Municipal water and sewer are located in the rights-of-way along both adjoining streets.

    View details

    Off-Market Properties in Racine, WI

    Consider similar Off-Market properties in Racine, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1536 Marquette St
    TAKE-OUT RESTAURANT

    1536 Marquette St, Racine, WI 53404-2746

    $70,000
    Estimated value
    960 sqft 0.18 AC lot
    View details
    2521 Grn Bay Rd
    RESTAURANT

    2521 Grn Bay Rd, Racine, WI 53406-4925

    $2,000,000
    Estimated value
    7,299 sqft 1.39 AC lot
    View details
    1144 Memorial Dr
    BAR, TAVERN

    1144 Memorial Dr, Racine, WI 53403-1662

    $255,000
    Estimated value
    1,351 sqft 0.07 AC lot
    View details
    2090 Grn Bay Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2090 Grn Bay Rd, Racine, WI 53406-4916

    $1,950,000
    Estimated value
    3,313 sqft 0.97 AC lot
    View details
    2805 Grn Bay Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2805 Grn Bay Rd, Racine, WI 53406-4951

    $375,000
    Estimated value
    1,706 sqft 0.46 AC lot
    View details
    3700 Durand Ave
    RESTAURANT

    3700 Durand Ave, Racine, WI 53405-4423

    $260,000
    Estimated value
    915 sqft 0.30 AC lot
    View details
    3016 Douglas Ave
    RESTAURANT

    3016 Douglas Ave, Racine, WI 53402-4102

    $400,000
    Estimated value
    1,906 sqft 0.69 AC lot
    View details
    1816 17th St
    BAR, TAVERN

    1816 17th St, Racine, WI 53403-2135

    $125,000
    Estimated value
    1,833 sqft 0.11 AC lot
    View details
    3320 Douglas Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3320 Douglas Ave, Racine, WI 53402-3750

    $400,000
    Estimated value
    576 sqft 0.21 AC lot
    View details
    1100 Washington Ave
    TAKE-OUT RESTAURANT

    1100 Washington Ave, Racine, WI 53403-1764

    $255,000
    Estimated value
    1,288 sqft 0.20 AC lot
    View details
    2300 Lathrop Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2300 Lathrop Ave, Racine, WI 53405-4139

    $180,000
    Estimated value
    1,539 sqft 0.23 AC lot
    View details
    2721 Douglas Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2721 Douglas Ave, Racine, WI 53402-4113

    $265,000
    Estimated value
    1,599 sqft 0.38 AC lot
    View details

    Racine, WI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Racine, WI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 104,187 square feet of properties for sale, with an estimated market value of $5,032,600.

    Sale prices for restaurant properties in Racine, WI start at $190,000, averaging $559,177, and reaching up to $1,249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 9
    Bars & Pubs 8
    Drive through restaurants 1

    Demographics Overview

    Population 128K
    Population Growth (5Y) -0.5%
    Median Household Income $67,844
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Racine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53402 $339K
    53403 $354.9K
    53404 $725.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Racine County

    New Delisted

    Total CRE Inventory on Market (SF)

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