Strip Mall

Racine, WI Strip Malls for Sale

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Fully Leased Strip Mall
Updated: Jul 28
Fully Leased Strip Mall

Racine, WI 53402

Contact for pricing
Fully leased strip center
Multi‑suite retail configuration
Located at 4959 Douglas Ave, Caldonia, WI 53402
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See hot listings in Racine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 1 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.

Starbucks-Anchored Retail Center
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
27,232 sqft

Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

View details
Strip Mall with New Roof
Strip Mall with New Roof

5655-5679 S 27th St, Milwaukee, WI 53221

$7,900,000
93,056 sqft

Established retail center with recent roof and parking lot improvements, plus two newly executed long-term leases.

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Urban Multi-Tenant Strip Mall
Urban Multi-Tenant Strip Mall

6524-6500 W Capitol Drive, Milwaukee, WI 53216

$1,490,000

Neighborhood-oriented commercial property combining professional offices, community services, retail users, and other local businesses.

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Retail Center
Retail Center

820 Wheeling Rd, Wheeling, IL 60090

Contact for pricing
13,382 sqft

Retail property offering 13,382 square feet of commercial space for sale.

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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 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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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.

3841 Douglas Ave
SHOPPING CENTER, STRIP CENTER

3841 Douglas Ave, Racine, WI 53402-3228

Estimated value:
$1,130,000
12,081 sqft 0.90 AC lot
View details
3616 Northwestern Ave
SHOPPING CENTER, STRIP CENTER

3616 Northwestern Ave, Racine, WI 53404-1601

Estimated value:
$315,000
8,785 sqft 1.20 AC lot
View details
2005 Lathrop Ave
SHOPPING CENTER, STRIP CENTER

2005 Lathrop Ave, Racine, WI 53405-3758

Estimated value:
$2,180,000
28,461 sqft 4.82 AC lot
View details
2211 Lathrop Ave
SHOPPING CENTER, STRIP CENTER

2211 Lathrop Ave, Racine, WI 53405-4136

Estimated value:
$735,000
5,408 sqft 0.52 AC lot
View details
2124 16th St
SHOPPING CENTER, STRIP CENTER

2124 16th St, Racine, WI 53403-2105

Estimated value:
$240,000
3,902 sqft 0.05 AC lot
View details
3739 Douglas Ave
SHOPPING CENTER, STRIP CENTER

3739 Douglas Ave, Racine, WI 53402-3226

Estimated value:
$355,000
6,588 sqft 0.59 AC lot
View details
2829 Durand Ave
SHOPPING CENTER, STRIP CENTER

2829 Durand Ave, Racine, WI 53403-3410

Estimated value:
$565,000
27,650 sqft 2.44 AC lot
View details
1500 State St
SHOPPING CENTER, STRIP CENTER

1500 State St, Racine, WI 53404-3268

Estimated value:
$990,000
24,180 sqft 2.20 AC lot
View details
4720 Taylor Ave
SHOPPING CENTER, STRIP CENTER

4720 Taylor Ave, Racine, WI 53406

Estimated value:
$370,000
8,654 sqft 1.42 AC lot
View details
1955 Norwood Ct
SHOPPING CENTER, STRIP CENTER

1955 Norwood Ct, Racine, WI 53403-3875

Estimated value:
$300,000
6.00 AC lot
View details
1220 Lathrop Ave
SHOPPING CENTER, STRIP CENTER

1220 Lathrop Ave, Racine, WI 53405-2833

Estimated value:
$615,000
14,961 sqft 0.95 AC lot
View details
1661 Douglas Ave
SHOPPING CENTER, STRIP CENTER

1661 Douglas Ave, Racine, WI 53404-2765

Estimated value:
$525,000
24,511 sqft 0.62 AC lot
View details

Racine, WI Strip Malls Market Trends and Statistics

Explore 13 strip malls for sale in Racine, WI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 23
Shopping centers 10
Grocery and convenience stores 1

Demographics Overview

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

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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