228 Main Street , Racine, Wisconsin

Amazing Investment Opportunity

228 Main Street , Racine, WI

  • CA$820,105
  • 2 BEDS
  • 2 BATHS
  • 0.05 ac Land
  • CA$820,105

Amazing Investment Opportunity

228 Main Street , Racine, WI

  • CA$820,105
  • 2 BEDS
  • 2 BATHS
  • 0.05 ac Land
  • CA$820,105

Key Facts

  • MLS® #: 1944416
  • Property ID: SIRC3017194
  • Original Price: USD 650,000
  • Property Type: Residential, Other
  • Lot Size: 0.05 ac
  • Year Built: 1890
  • Bedrooms: 2
  • Bathrooms: 2

Property Description

This is a rare opportunity to acquire a spectacular income-generating building (restaurant business not included) in Downtown Racine, just steps from Lake Michigan. Featuring historic architecture, the almost 5,000 sqft building with coveted Cream City Brick has been kept in superb condition. A reliable, established restaurant leases the desirable street-level space, while the upstairs features two top-rated AirBNB apartments for immediate high-yield cash flow. Each one-bedroom apartment is 1,200 sqft or there is an adjoining door to combine. Units have been updated including modern amenities, plus tenants and patrons alike benefit from a convenient, attached parking structure. Don't let this investment opportunity pass you by.

Amenities

  • Lake

Listing Agents

  • Chris Veranth

    C. 2629955827

    O. 2629955827

  • Tony Veranth

    C. 2629099690

    O. 2629099690

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Location

228 Main Street , Racine, Wisconsin, 53403 United States

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Marketed By

Mahler Sotheby's International Realty
250 E. Wisconsin Ave. Suite 1610
Milwaukee, Wisconsin, 53202
United States

4149642000

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