Bought with Jose Luna
$185,000
$200,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1301 Villa STREET Racine, WI 53403
4,052 SqFt
Key Details
Sold Price $185,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,052 sqft
Price per Sqft $45
Municipality RACINE
MLS Listing ID 1915135
Sold Date 06/06/25
Year Built 1920
Annual Tax Amount $2,997
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
3-Unit Mixed Use Building located near Lake Michigan, Downtown Racine, and SCJ Headquarters! Main Floor - Commercial/Office Space is approx. 950 sq ft. features include a large office area, kitchenette, conference room, and one bathroom. Currently rented at $1300/mo - lease expires 5/31/2025 then MTM. Second floor - Apartment approx. 800 sq ft. features 3 bedrooms, 1 bathroom. Currently renting at $900/mo MTM. Third unit - Garage & Rear Office Space includes garage, office area, and parking pad. Currently rented at $700/mo MTM. All tenants are long term tenants. Flat roof installed in 2020/2021.
Location
State WI
County Racine
Zoning B2
Rooms
Basement Brick, Full, Walk Out/Outer Door
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 5.0
Parking On Site 5
Roof Type Rubber/Membrane,Tar/Gravel
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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