Discover this amazing Investment opportunity! This commercial property gives residential vibes through-out. Originally a single family home, this property has been converted to commercial use. Custom receptionist area with cozy gas fireplace welcomes you. Several separate rooms that have been converted to accommodate the current use of the building. Upper level has 4 separate rooms with large waiting area. Much of the charm & character has remained as well as modern day updates. Currently space is being operated as a salon. High visible location with well manicured grounds. Call today to see what opportunities await you!
This impressive 71,646 sq ft building hosts a highly successful indoor market, featuring both 7-day-a-week and weekend-only vendor spaces. The market offers a diverse array of unique items, including all the equipment needed for an ice cream and popcorn store, making it a destination for shoppers. You could empty the market and use all the space as you want. The building is equipped with a full commercial kitchen and holds both Class A and Class B liquor licenses, ideal for various events and business ventures. Recent upgrades include new light fixtures and air handlers, ensuring a comfortable environment year-round. The property also boasts ample parking. A convenient truck door facilitates smooth deliveries, adding to the buildings versatility
The site currently includes a Flex Gym, boasting new HVAC systems and updated lighting, ensuring a comfortable and efficient workout environment. Additional tenants include a well-established nail salon, Yellow Ginger restaurant, and a WIC office, catering to a variety of community needs. Family Furniture and Family Dollar further enhance the convenience of this location. Ample parking is available, making it easy for customers and clients to access the diverse range of services offered. This versatile property, with its blend of existing amenities and potential for further development, represents a prime investment opportunity in a thriving area. Possibility to build other buildings on the outlots also exists
1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near the $73 million new construction of the Dr. Martin Luther King Center, signaling significant future development and growth. This location offers excellent potential for long-term appreciation, making it an attractive investment and rental opportunity.
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Racine is located in Wisconsin. Racine, Wisconsin 53404has a population of 77,705. Racine 53404 is less family-centric than the surrounding county with 24.76% of the households containing married families with children. The county average for households married with children is 26.91%.
The median household income in Racine, Wisconsin 53404 is $48,238. The median household income for the surrounding county is $67,224 compared to the national median of $69,021. The median age of people living in Racine 53404 is 34.7 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 35.1 inches per year, with 40.1 inches of snow per year.