Racine, WI Shopping Centers for Sale

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Mount Pleasant, WI Caledonia, WI Sturtevant, WI Kenosha, WI Pleasant Prairie, WI Somers, WI Oak Creek, WI Union Grove, WI

Updated: Jul 25

Anchored Neighborhood Shopping Center

3900 Erie Street, Racine, WI 53402

$6,500,000

91,381 sqft

91,381 SF shopping center at 3900 Erie Street in Racine, Wisconsin
Anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness
Shopping center offers a mix of daily‑needs retail and service‑oriented tenancy

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Updated: Sep 23, 2025

Indoor Market Retail Building

2210 Rapids DRIVE, Racine, WI 53404

$1,249,900

71,646 sqft

71,646 SF indoor market building with 7‑day‑a‑week and weekend‑only vendor space
Full commercial kitchen plus Class A and Class B liquor licenses
Recent upgrades include new light fixtures and air handlers; central air and heating
125 parking spaces and a convenient truck door for deliveries
Tar & gravel roof; zoned B2

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Multi-Tenant Shopping Center

2300 Rapids Dr, 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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 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.

Four-Unit Retail Shopping Center

3040 DELAWARE AVE, Milwaukee, WI 53207

$995,000

4,800 sqft

Updated building systems and restaurant-ready improvements support varied retail and dining configurations.

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Retail Endcap Space Available

2304 18th Street, Kenosha, WI 53140

Contact for pricing

10,297 sqft

1,150 SF retail space with high visibility.

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Piggly Wiggly-Anchored Shopping Center

3408-3536 52nd Street, Kenosha, WI 53144

Contact for pricing

Grocery-anchored retail center with monument signage and approximately 22,000 VPD exposure, currently 73% leased.

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Retail Storefront in Shopping Center

5306 S 27th St, Milwaukee, WI 53221

Contact for pricing

1,580 sqft

Retail storefront available within a high-traffic shopping center on S 27th St in Milwaukee.

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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 Development Land

11223 W Loomis Rd, Franklin, WI 53132

$2,300,000

10.80 AC lot

General Business zoned corner site offers potential subdivision and approximately 18,400 daily vehicle counts on Loomis Rd.

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Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000

1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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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.

MINI-MALL

2308 Grn Bay Rd, Racine, WI 53406-4922

$3,285,000

Estimated value

164,201 sqft 17.00 AC lot

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REGIONAL SHOPPING CENTER, MALL

2619 Grn Bay Rd, Racine, WI 53406-4948

$1,260,000

Estimated value

68,414 sqft 9.43 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3841 Douglas Ave, Racine, WI 53402-3228

$1,130,000

Estimated value

12,081 sqft 0.90 AC lot

View details

MINI-MALL

4003 Durand Ave, Racine, WI 53405-4400

$9,850,000

Estimated value

105,550 sqft 13.43 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3616 Northwestern Ave, Racine, WI 53404-1601

$315,000

Estimated value

8,785 sqft 1.20 AC lot

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MINI-MALL

4901 Washington Ave Ste, Racine, WI 53406-4241

Unit 2

$5,290,000

Estimated value

37,465 sqft 1.00 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2005 Lathrop Ave, Racine, WI 53405-3758

$2,180,000

Estimated value

28,461 sqft 4.82 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2211 Lathrop Ave, Racine, WI 53405-4136

$735,000

Estimated value

5,408 sqft 0.52 AC lot

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MINI-MALL

3701 Durand Ave, Racine, WI 53405-4454

$2,200,000

Estimated value

181,840 sqft 17.74 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2124 16th St, Racine, WI 53403-2105

$240,000

Estimated value

3,902 sqft 0.05 AC lot

View details

WHOLESALE OUTLET, DISCOUNT STORE

2433 Grn Bay Rd, Racine, WI 53406-4923

$7,305,000

Estimated value

44,874 sqft 4.80 AC lot

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MINI-MALL

2300 Rpds Dr, Racine, WI 53404-2011

$360,000

Estimated value

39,304 sqft 5.55 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

3440 Douglas Ave, Racine, WI 53402-3752

$310,000

Estimated value

9,401 sqft 0.67 AC lot

View details

REGIONAL SHOPPING CENTER, MALL

5500 Durand Ave, Racine, WI 53406-5052

$730,000

Estimated value

106,670 sqft 11.10 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3739 Douglas Ave, Racine, WI 53402-3226

$355,000

Estimated value

6,588 sqft 0.59 AC lot

View details

REGIONAL SHOPPING CENTER, MALL

5502 Durand Ave, Racine, WI 53406

$2,575,000

Estimated value

362,149 sqft 42.40 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2829 Durand Ave, Racine, WI 53403-3410

$565,000

Estimated value

27,650 sqft 2.44 AC lot

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SHOPPING CENTER, STRIP CENTER

1500 State St, Racine, WI 53404-3268

$990,000

Estimated value

24,180 sqft 2.20 AC lot

View details

SHOPPING CENTER, STRIP CENTER

4720 Taylor Ave, Racine, WI 53406

$370,000

Estimated value

8,654 sqft 1.42 AC lot

View details

SHOPPING CENTER, STRIP CENTER

1955 Norwood Ct, Racine, WI 53403-3875

$300,000

Estimated value

6.00 AC lot

View details

Neighborhood centers

3841-3845 Douglas Ave, Racine, WI 53402

Value Estimation by Request

11,832 sqft

View details

Racine, WI Shopping Centers Market Trends and Statistics

Explore 33 shopping centers for sale in Racine, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 195,775 square feet of properties for sale, with an estimated market value of $8,999,800.

Sale prices for plazas in Racine, WI start at $1,249,900, averaging $2,999,933, 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
53404	$1.2M
53402	$6.5M

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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Racine, WI Shopping Centers for Sale

3900 Erie Street, Racine, WI 53402

2210 Rapids DRIVE, Racine, WI 53404

2300 Rapids Dr, Racine, WI 53404

Opportunities in Nearby Cities

3040 DELAWARE AVE, Milwaukee, WI 53207

2304 18th Street, Kenosha, WI 53140

3408-3536 52nd Street, Kenosha, WI 53144

5306 S 27th St, Milwaukee, WI 53221

Potential Development Sites for Consideration

11223 W Loomis Rd, Franklin, WI 53132

12640 W WADSWORTH Road, Beach Park, IL 60087

20420 N Rand Road, Deer Park, IL 60074

40 Acres Randall Road, Elgin, IL 60123

Off-Market Properties in Racine, WI

2308 Grn Bay Rd, Racine, WI 53406-4922

2619 Grn Bay Rd, Racine, WI 53406-4948

3841 Douglas Ave, Racine, WI 53402-3228

4003 Durand Ave, Racine, WI 53405-4400

3616 Northwestern Ave, Racine, WI 53404-1601

4901 Washington Ave Ste, Racine, WI 53406-4241

2005 Lathrop Ave, Racine, WI 53405-3758

2211 Lathrop Ave, Racine, WI 53405-4136

3701 Durand Ave, Racine, WI 53405-4454

2124 16th St, Racine, WI 53403-2105

2433 Grn Bay Rd, Racine, WI 53406-4923

2300 Rpds Dr, Racine, WI 53404-2011

3440 Douglas Ave, Racine, WI 53402-3752

5500 Durand Ave, Racine, WI 53406-5052

3739 Douglas Ave, Racine, WI 53402-3226

5502 Durand Ave, Racine, WI 53406

2829 Durand Ave, Racine, WI 53403-3410

1500 State St, Racine, WI 53404-3268

4720 Taylor Ave, Racine, WI 53406

1955 Norwood Ct, Racine, WI 53403-3875

3841-3845 Douglas Ave, Racine, WI 53402

Racine, WI Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Total CRE Inventory on Market (SF)

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