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1325 16th St, Racine, WI 53403
$2,349,000
1325 16th St, Racine, WI 53403View this property at 1325 16th St, Racine, WI 53403
1325 16th StRacineWI53403
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Property Description
Great location, and right size, this recent renovation brings this long vacant property back to life and is ready for new owners to occupy and build their business. Let's talk about the new roof, tuckpointed all around, rebuilt parapet wall on West side, new heaters, new complete sprinkler system, new electrical service, new LED lighting throughout, new restrooms, new doors. This building is truly ready to customize for your use. All the issues have been solved with complete cooperation with and from the DNR for mitigation, so this property has a clean bill of health, DNR closure is easily within reach. Exterior paint colors can be selected by new owner or take it as is. Some items yet to be done, but very near completion. This would be a great time to see it before it's finished
Full Property Details
Full Property Details for 1325 16th St
General
- Price: $2,349,000
- Taxes: $16,467 (2022)
- Status: Active
- Type: Retail
- MLS ID: 1866639
- Updated: 3/9/2024
- Added to Site: 52 day(s) ago
Additional Information
- Other Features: Loading Dock, Restrooms, Security Equipment, Sprinkler System
Parking
- Total Spaces: 50
Location
- Municipality: City
- County: Racine
- Driving Directions: From RACINE STREET (HWY. 32) TO 16TH STREET, WEST ONE BLOCK TO PROPERTY. ALSO, TAKE 16TH STREET FOUR BLOCKS EAST FROM SOUTH MEMORIAL DRIVE TO PROPERTY.
- Dist. to Freeway: Less than 1 Mile
- Location Details: Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Individual Heating Units
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Manufacturing, Storage, Warehouse, Wholesale
- Exterior Const.: Other
- Basement Desc.: None
- Roof: Rubber
- Ceiling Height: 11 to 15 Feet
- Drive-In Clearance: 9 to 12 Feet
- Stories Description: 2
- Square Feet: 45,500
- Year Built: 1974
Lot Features
- Lot Size (Acres): 3.05
- Frontage: Paved Road, Town/City Road
- Zoning: I-2
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $16,467
- Tax Year: 2022
Listed by SynerG Realty LLC
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Schools
Schools serving 1325 16th St
School District:Racine Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2420 Kentucky St, Racine, WI 53405 | K-5 | 1.9 mi | |
Mitchell Middle School
2701 Drexel Ave, Racine, WI 53403 | 6-8 | 1.2 mi | |
7345 Washington Ave, Racine, WI 53406 | 9-12 | 3.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1325 16th St
Date
Details
Price
Change
Source
3/05/2024
Listed
$2,349,000
677.3%
MLS
8/15/2023
Sold
$302,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1325 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,844
-31%
$660,000
—
2022
$25,907
11%
$660,000
—
2021
$23,443
-5%
$660,000
—
2020
$24,663
4%
$660,000
—
2019
$23,672
18%
$660,000
—
2018
$20,005
-11%
$660,000
4%
2017
$22,420
-8%
$635,000
—
2016
$24,475
-4%
$635,000
—
2015
$25,409
15%
$633,200
—
2014
$22,097
-16%
$633,200
-18%
2013
$26,284
—
$776,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1325 16th St
1325 16th St, Racine, WI 53403 (MLS# 1866639) is a Retail property. 1325 16th St is currently listed for $2,349,000 and was received on March 05, 2024. Want to learn more about 1325 16th St? Do you have questions about finding other Retail real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.