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1405 Lathrop Ave, Racine, WI 53405
$199,900 Contingent
1405 Lathrop Ave, Racine, WI 53405View this property at 1405 Lathrop Ave, Racine, WI 53405
1405 Lathrop AveRacineWI53405
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Property Description
Rock Solid commercial building located on the corner of Lathrop Ave and Wright Ave. This is perfect for two retail stores, mixed use, with residential on the 2nd floor. Front of building occupied by a candy store and emporium. The rear of the first floor is a barbershop/hair salon, the third unit is a spacious 1 bedroom with open concept and off street parking. This building has been meticulously maintained inside and out. Ample parking for six vehicles. Now is the time to have your live/work property or for you to stop renting and start living like a business owner. Own and lease back to your business. You will collect rent from two units while you enjoy the benefits.
Full Property Details
Full Property Details for 1405 Lathrop Ave
General
- Price: $199,900
- Taxes: $3,009 (2023)
- Status: Contingent
- Type: Retail
- MLS ID: 1874214
- Updated: 5/8/2024
- Added to Site: 21 day(s) ago
Additional Information
- Other Features: Handicap Access
Parking
- Total Spaces: 6
Location
- Municipality: City
- County: Racine
- Driving Directions: SE Corner of Lathrop and Wright Avenue, two blocks South of Washington AV (HWY) 20
- Dist. to Freeway: Less than 1 Mile
- Location Details: Corner
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Professional Service, Retail
- Exterior Const.: Wood
- Basement Desc.: Full
- Roof: Composition
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 1,836
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 40 x 120
- Frontage: Paved Lot, Paved Road, Town/City Road
- Zoning: Commercial
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $3,009
- Tax Year: 2023
Listed by SynerG Realty LLC
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Schools
Schools serving 1405 Lathrop Ave
School District:Racine Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3501 Kinzie Ave, Racine, WI 53405 | PK-5 | 0.5 mi | |
Jerstad-Agerholm Middle School
3601 Lasalle St, Racine, WI 53402 | 6-8 | 3.9 mi | |
1901 12th St, Racine, WI 53403 | 9-12 | 1.1 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 1405 Lathrop Ave
Date
Details
Price
Change
Source
5/06/2024
Listed
$199,900
—
MLS
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 1405 Lathrop Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,703
7%
$124,000
5%
2022
$3,468
-10%
$118,000
—
2021
$3,841
2%
$118,000
—
2020
$3,766
8%
$118,000
7%
2019
$3,502
5%
$110,000
5%
2018
$3,348
-11%
$105,000
—
2017
$3,745
-2%
$105,000
—
2016
$3,828
-13%
$105,000
-14%
2015
$4,392
4%
$122,000
—
2014
$4,222
—
$122,000
—
2013
$4,213
—
$122,000
—
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 1405 Lathrop Ave
1405 Lathrop Ave, Racine, WI 53405 (MLS# 1874214) is a Retail property. 1405 Lathrop Ave is currently listed for $199,900 and was received on May 06, 2024. Want to learn more about 1405 Lathrop Ave? 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.