Racine, WI Retail Properties & Spaces for Sale

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Updated: Mar 27

Mixed-Use Retail and Apartments

1116 Grove AVENUE, Racine, WI 53405

$419,900

4,000 sqft

Mixed‑use building with 2 retail business spaces on the ground level and 2 apartments on the second floor
Potential income from all 4 units in excess of $4,700/month, with a barber shop and beauty shop on the first floor
Roof is about 2 years old and includes a 20‑year transferable warranty for materials and labor
Year built: 1969
Ample side‑and‑rear parking; 3 parking spaces noted

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This listing looks promising.

Here's a quick look at some key insights for

1116 Grove AVENUE, Racine, WI 53405

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$38K
Annual
Price @ 7% Cap

$543K
Above asking
Last Sold

Jun 2023
$174K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1969

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Updated: Jun 15

Mixed-Use Building with Apartment

3401 Douglas Ave, Racine, WI 53402

$339,000

2,377 sqft 0.08 AC lot

2,377‑square‑foot mixed‑use building on a 0.08‑acre lot
Lower‑level commercial space with storefront windows, terrazzo flooring, kitchen, bathroom, and shower room
Upper‑level 3‑bedroom apartment with kitchen, dining room, living room, and built‑in wood shelving
B1 zoning
Recent improvements to foundation, basement walls, roof, siding, sidewalk, and windows

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Indoor Market Retail Building

2210 Rapids Dr, Racine, WI 53404

$1,249,900

71,646 sqft 6.47 AC lot

B2-zoned retail property with a commercial kitchen, vendor areas, delivery access, and updated building systems.

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Updated NNN Property

1409 Washington Ave, Racine, WI 53403

$635,000

7,385 sqft

Fully occupied commercial property with a 15-year NN lease and interior improvements completed by ownership.

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Anchored Neighborhood Shopping Center

3900 Erie Street, Racine, WI 53402

$6,500,000

91,381 sqft

Shopping center anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness in Racine, Wisconsin.

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Racine Retail Building on Douglas

3108 Douglas Avenue, Racine, WI 53402

$885,000

1 sqft 1.35 AC lot

11,316 SF building on 1.35 acre lot for sale.

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Mixed-Use Building with Retail Spaces

2710/2712 17th St, Racine, WI 53405

$194,900

2,600 sqft

Vacant configuration combines two main-level storefronts with an upper apartment and shared rear amenities.

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Three-Story Mixed-Use Building

335 Main St, Racine, WI 53403

$299,000

5,400 sqft

Commercial storefront space is combined with six residential units in a downtown building near Racine’s lakefront.

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Remodeled Retail Storefront Suite

2057 Douglas Ave, Racine, WI 53402

$159,900

1,784 sqft

Recently remodeled small retail space features multiple offices, a reception-style area, and plenty of storage.

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Indoor Market Retail Building

2210 Rapids DRIVE, Racine, WI 53404

$1,249,900

71,646 sqft

Large indoor market building with a full commercial kitchen, liquor licenses, parking, and a convenient truck door for deliveries.

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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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Racine Retail Opportunity on Douglas

1700 Dr Martin Luther King Dr, Racine, WI 53404

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11,608 sqft 1.23 AC lot

1.23 acre retail parcel with 11,608 SF building.

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Historic Brick Live-Work Property

334-12-334 Main Street, Racine, WI 53403

$299,000

Two-level configuration combines street-facing commercial space with an upstairs residential loft and lake views.

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Mixed-Use Retail and Residence

401 6th St, Racine, WI 53403

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4,800 sqft 0.04 AC lot

Fully occupied mixed-use building with retail on the first two floors and a newly renovated third-floor unit.

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Retail Storefront with Apartments

2713 Durand Ave, Racine, WI 53403

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4,272 sqft

Mixed-use building with storefront retail space plus updated 2- and 3-bedroom apartments, along with rear garage access and parking.

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Remodeled Mixed-Use Building

607 6th St, Racine, WI 53403

$389,900

Dual street access and expansive first-floor retail space with full basement storage, plus three occupied upstairs apartments.

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Fully Leased Strip Mall

Racine, WI 53402

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Retail center occupied by multiple tenants in a multi-suite commercial configuration.

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Corner Retail Building with Receiving Door

1344 Lathrop Ave, Racine, WI 53405

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Free-standing retail corner building built in 1994 with ample parking and a tall garage door for receiving and loading.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Racine, WI, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

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.

RESIDENTIAL PARKING GARAGE

3519 Wright Ave, Racine, WI 53405

$345,000

Estimated value

0.10 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5409 Washington Ave, Racine, WI 53406

$405,000

Estimated value

1.07 AC lot

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RESIDENTIAL PARKING GARAGE

333 Lk Avepl-40, Racine, WI 53403-1068

$145,000

Estimated value

1.00 AC lot

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RESIDENTIAL PARKING GARAGE

333 Lk Avepl-71, Racine, WI 53403-1068

$145,000

Estimated value

1.00 AC lot

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RESIDENTIAL PARKING GARAGE

333 Lk Avepg-33, Racine, WI 53403-1068

$335,000

Estimated value

1.00 AC lot

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RESIDENTIAL PARKING GARAGE

333 Lk Avepg-32, Racine, WI 53403-1068

$375,000

Estimated value

1.00 AC lot

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Racine, WI Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Racine, WI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 311,648 square feet of properties for sale, with an estimated market value of $13,871,300.

Sale prices for stores in Racine, WI start at $159,900, averaging $1,067,023, and reaching up to $6,500,000 — 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

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	$417.4K
53405	$556.2K
53404	$1.2M
53402	$2.5M

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%

Total CRE Inventory on Market (SF)

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