201 6th St 201 6th St

201 6th St , Racine, Wisconsin, 53403 | 18,000 sq.f | $ 1,400,000

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About This Restaurant

Investment Highlights

Centrally located downtown location large windows with lake views natural light

Executive Summary

Amazing invest opportunity in the heart of Downtown Racine. This historic 5 story building features a bar & restaurant, banquet room & full kitchen on the main floor. Enjoy the downtown views with the walls of windows. Bar & kitchen are fully stocked & ready to open. 2nd floor featuring a large banquet room that seats 100 people, pool, & billiards room. The 3rd & 4th floor offer incredible office spaces with beautiful views.Top level looks over all of downtown Racine & the breathtaking Lake Michigan views.

Property Details

  • Sale Type    Investment
  • Property Type    Office Office General Retail Restaurant Office
  • Building Size    18,000
  • Building Class    C
  • Year Built    1899
  • Price    1,400,000
  • Price Per SF    78
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    5 Stories
  • Typical Floor Size    3,600
  • Slab To Slab    10?
  • Building FAR    5.16
  • Land Acres    0.08 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Kitchen
  • Basement
  • Natural Light
  • Air Conditioning

Property Taxes

Parcel Number 276-000000316000 Improvements Assessment $29,800
Land Assessment $453,200 Total Assessment $483,000
Date Created: 2024-07-16 04:25:41 Last Updated: 2024-07-16 04:25:41
Address: 201 6th St , Racine, Wisconsin, 53403