Restaurants

Racine, WI Restaurants for Sale

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Tavern with Upstairs Apartment
Updated: Sep 4
Tavern with Upstairs Apartment

1201 N Main St, Racine, WI 53402

$575,000
3,774 sqft 0.13 AC lot
3,774‑square‑foot tavern property built in 1922
Fully operational kitchen and original bar
Full stage for live music and other entertainment
Two‑bedroom apartment on the second floor
B2 zoning
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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
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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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Tavern with 2-Bedroom Apartment
Tavern with 2-Bedroom Apartment

1201 N Main St, Racine, WI 53402

$575,000
3,774 sqft

Two-level tavern property with a working kitchen, original bar, entertainment stage, and residential space above.

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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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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 Property with Bar
Mixed-Use Property with Bar

1521 Washington Ave, Racine, WI 53403

$349,900
9,594 sqft 0.17 AC lot

Fully equipped food-and-beverage operation with three upstairs apartments.

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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.

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

2203 Dekoven Ave, Racine, WI 53403

$355,000
2,060 sqft

Two-level property combines a restaurant operation with a spacious upstairs apartment.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

Mixed-Use Property with Tavern
Mixed-Use Property with Tavern

5444 S 27th St, Milwaukee, WI 53221

$785,000
3,661 sqft 0.60 AC lot

Existing bar operations are paired with attached residential quarters, a full basement, parking, and a detached garage.

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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.

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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.

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Renovated Bar & Pub with Apartments
Renovated Bar & Pub with Apartments

Milwaukee, WI 53235

$595,000

Includes a renovated building, leased residential units, garage, and gambling machines.

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.

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.

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Corner Commercial Land
Corner Commercial Land

Lt1 W Loomis Rd, Franklin, WI 53132

$995,000
2.69 AC lot

B-G-zoned corner parcel with strong roadway exposure and access to established commercial and recreational destinations.

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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.

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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.

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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

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

2521 Grn Bay Rd, Racine, WI 53406-4925

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

1144 Memorial Dr, Racine, WI 53403-1662

Estimated value:
$255,000
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

Estimated value:
$1,950,000
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

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

3700 Durand Ave, Racine, WI 53405-4423

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

3016 Douglas Ave, Racine, WI 53402-4102

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

1816 17th St, Racine, WI 53403-2135

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

3320 Douglas Ave, Racine, WI 53402-3750

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

1100 Washington Ave, Racine, WI 53403-1764

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

2300 Lathrop Ave, Racine, WI 53405-4139

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

2721 Douglas Ave, Racine, WI 53402-4113

Estimated value:
$265,000
1,599 sqft 0.38 AC lot
View details
600 6th St
BAR, TAVERN

600 6th St, Racine, WI 53403-1120

Estimated value:
$270,000
2,339 sqft 0.04 AC lot
View details
1743 State St
RESTAURANT

1743 State St, Racine, WI 53404-2939

Estimated value:
$250,000
3,905 sqft 0.23 AC lot
View details

Racine, WI Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Racine, WI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 76,474 square feet of properties for sale, with an estimated market value of $4,922,700.

Sale prices for restaurant properties in Racine, WI start at $190,000, averaging $492,270, 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

Bars & Pubs 9
Conventional restaurants 7

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
53403 $354.9K
53402 $496.3K
53404 $594.7K

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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