Historic Downtown Live-Work Luxury Builing for Sale! Unlock elite value in downtown Racine with this 1875 brick landmark. Priced to move, this turn-key asset generates $39,000/year in gross income, boasting a powerhouse 11.2 pct cap rate. The 1st floor offers prime retail/office space with 15' ceilings and high-visibility display windows on Main Street. Upstairs, discover a luxury loft apartment featuring high-end finishes and lake views. Current leases expire July 31, 2026, offering the perfect window for an owner-occupant to move in or for investors to reset market rents. Includes 2 dedicated parking spaces. Walk to the marina, Lake Michigan, and Monument Square. Seize this high-performing asset today!
Listing courtesy of Joseph J Cardenas, JC Realtors
