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$350,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 4,030 Sq. Ft.
  • Updated 5 days ago
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409 Main Street is a rare downtown investment opportunity with modern upgrades and future upside, current rents are under market. The striking facade was refreshed in 2021, giving this historic property instant curb appeal. The versatile commercial space was fully rehabbed in 2019, and above, a one-bedroom apartment was completely updated in 2025. Plans and architectural drawings are completed to add an additional one-bedroom unit on the 3rd floor, unlocking even more income potential. A full basement with no known leaks per owner adds valuable storage or future development space. Perfect for owner-operator, investor, or mixed-use visionaries.

Full Property Details for 409 Main St

General

  • Price: $350,000
  • Taxes: $5,008 (2025)
  • Status: Active
  • Type: Retail
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1951097
  • Updated: 2/20/2026
  • Added to Site: 5 day(s) ago

Additional Information

  • Other Features: Display Window, Inside Storage, Living Space Available

Parking

  • Total Spaces: 6

Location

  • Municipality: City
  • County: Racine
  • Driving Directions: State Street to Main Street, South to property
  • Dist. to Freeway: 3 to 5 Miles
  • Location Details: Business District, Near Public Transit

Heating & Cooling

  • Heating/Cooling: Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Structure Type: Retail
  • Exterior Const.: Brick
  • Basement Desc.: Brick, Full
  • Roof: Rubber
  • Ceiling Height: 11 to 15 Feet
  • Drive-In Clearance: No Truck Door
  • Stories Description: 3
  • Square Feet: 4,030
  • Year Built: 1860

Lot Features

  • Lot Size (Acres): 0.11
  • Frontage: State Road
  • Zoning: B4/Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $5,008
  • Tax Year: 2025
Buyer's Brokerage Compensation: 2.4%
Not binding unless confirmed by separate agreement among applicable parties.

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— 409 Main St —

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 409 Main St

School District:Racine School District
NameGradesDistance
Mitchell Elementary School, Racine, WI
2701 Drexel Avenue, Racine, WI 53403
K-52.5 mi
Johnson Elementary School, Racine, WI
2420 Kentucky Street, Racine, WI 53405
K-53.1 mi
Case High School
7345 Washington Ave, Racine, WI 53406
9-124.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 409 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$350,000
118.75%
MLS
11/14/2018
Sold
$160,000
—
Public Record
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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 for 409 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,411
-4%
$195,000
—
2023
$5,631
2%
$195,000
—
2022
$5,537
-10%
$195,000
—
2021
$6,136
8%
$195,000
7%
2020
$5,659
-1%
$183,000
5%
2019
$5,739
13%
$174,000
10%
2018
$5,061
-14%
$158,000
—
2017
$5,916
3%
$158,000
—
2016
$5,763
5%
$158,000
—
2015
$5,496
6%
$158,000
—
2014
$5,194
-23%
$158,000
—
2013
$6,707
—
$158,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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409 Main St, Racine, WI 53403 (MLS# 1951097) is a Retail property. 409 Main St is currently listed for $350,000 and was received on February 20, 2026. This property is listed by Bradley Buntrock from our South Shore Wisconsin Office.Want to learn more about 409 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.

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