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$269,997 -$5,000 (-1.82%) Price Reduced
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Property Description
Take advantage of this rare opportunity to own a beautifully restored mixed-use property in the heart of Downtown Racine. The main level offers a unique commercial space full of charm and character, featuring original exposed brick walls, a classic tin ceiling, private restroom, storage area, and convenient rear alley access.The upper level features a spacious and inviting 2-bedroom apartment, ideal for owner-occupancy or added rental income. Highlights include warm wood flooring, an exposed brick kitchen with tile floors, full bathroom, in-unit laundry, and a private wood deck perfect for relaxing or entertaining.Whether you're an investor or business owner looking for a live/work setup, this versatile property offers endless potential.
Full Property Details
Full Property Details for 232 Main St
General
- Price: $269,997
- Taxes: $4,434 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1956433
- Updated: 5/6/2026
- Added to Site: 38 day(s) ago
Additional Information
- Other Features: Display Window, Living Space Available, Restrooms
Parking
- Total Spaces: 2
Location
- Municipality: City
- County: Racine
- Driving Directions: GPS Accurate
- Dist. to Freeway: 7 to 10 Miles
- Location Details: Near Public Transit, Other
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Office(s), Professional Service, Retail, Storage
- Exterior Const.: Brick
- Basement Desc.: Full
- Roof: Tar/Gravel
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 2,499
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.05
- Frontage: Near Public Transit, Paved Road, Town/City Road
- Zoning: B4
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,434
- Tax Year: 2025
Listed by Realty ONE Group Boardwalk
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Schools
Schools serving 232 Main St
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 2.6 mi |
Johnson Elementary School, Racine, WI 2420 Kentucky Street, Racine, WI 53405 | K-5 | 3.1 mi |
Case High School 7345 Washington Ave, Racine, WI 53406 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 Main St
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$269,997
-1.82%
MLS
4/04/2026
Listed
$274,997
17.02%
MLS
3/27/2020
Sold
$235,000
—
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 232 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,223
10%
$190,300
10%
2024
$4,755
-4%
$173,000
—
2023
$4,955
4%
$173,000
5%
2022
$4,784
-10%
$165,000
—
2021
$5,290
2%
$165,000
—
2020
$5,187
7%
$165,000
5%
2019
$4,856
10%
$157,000
15%
2018
$4,434
-3%
$137,000
—
2017
$4,572
-19%
$137,000
—
2016
$5,611
6%
$137,000
—
2015
$5,300
-8%
$137,000
-14%
2014
$5,753
5%
$160,000
—
2013
$5,497
—
$160,000
—
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 232 Main St
232 Main St, Racine, WI 53403 (MLS# 1956433) is a Retail property. 232 Main St is currently listed for $269,997 and was received on April 04, 2026. Want to learn more about 232 Main 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.

