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424 Main Street, Racine, WI 53403
$900,000 Contingent
424 Main Street, Racine, WI 53403View this property at 424 Main Street, Racine, WI 53403
424 Main StreetRacineWI53403
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Property Description
UNIQUE INVESTMENT OPPORTUNITY in Downtown Racine by Lake Michigan and Marina. Mixed use building has 6000 SF retail space, parking lot and 3600 SF of impeccably maintained residential space! Dwelling has open floor plan with large eat-in kitchen, fireplace, 3 bedrooms each with private bath, rooftop patio (and more) can operate as live/work, airbnb or develop into multiple units. Retail on first floor has long term tenant leasing 4400 SF and multiple options available for remaining 1600 SF. Additional basement storage available for tenants and/or owner. Would consider seller financing.
Full Property Details
Full Property Details for 424 Main St
General
- Price: $900,000
- Taxes: $15,394 (2021)
- Status: Contingent
- Type: Store
- MLS ID: 11901090
- Updated: 1/24/2024
- Added to Site: 205 day(s) ago
Interior
- Interior Features: Multi-Tenant, Storage Inside, Basement, Furnished Units Available, Laundry Room
- Fireplace: Yes
- Number of Fireplaces: 2
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: WI-Mt.Pleasant / Racine
- County: Other
- Township: Racine
- Driving Directions: Hwy 20 East to Main Street, North to property
- Location Details: Out of Area, Central Business District, Mixed-Use Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 9,600
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1855
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 11,200
- Lot Dimensions: 98 x 110
- Potential Use: Commercial, Multi-Family, Single Family, Retail
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1855
- Tax Amount: $15,394
- Tax Year: 2021
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 276000000193000
Listed by Trelleum LLC
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Schools
Schools serving 424 Main St
School District:Racine Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2420 Kentucky St, Racine, WI 53405 | K-5 | 3.1 mi | |
Mitchell Middle School
2701 Drexel Ave, Racine, WI 53403 | 6-8 | 2.5 mi | |
7345 Washington Ave, Racine, WI 53406 | 9-12 | 4.6 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 424 Main St
Date
Details
Price
Change
Source
10/06/2023
Listed
$900,000
—
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 424 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,163
5%
$568,000
5%
2022
$15,394
-10%
$541,000
—
2021
$17,063
2%
$541,000
—
2020
$16,725
5%
$541,000
5%
2019
$15,857
10%
$515,000
14%
2018
$14,414
-4%
$450,000
—
2017
$14,972
-2%
$450,000
—
2016
$15,293
-1%
$450,000
—
2015
$15,438
5%
$450,000
—
2014
$14,718
-6%
$450,000
-6%
2013
$15,602
—
$480,000
—
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 424 Main St
424 Main Street, Racine, WI 53403 (MLS# 11901090) is a Store property. 424 Main Street is currently listed for $900,000 and was received on October 06, 2023. Want to learn more about 424 Main Street? Do you have questions about finding other Store real estate for sale in Mount Pleasant? You can browse all Mount Pleasant real estate or contact a Coldwell Banker agent to request more information.