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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. Apt1 currently rented MTM thru 4/1/2026 at $1,250 per month.
| LAST UPDATED | 12/3/2025 | YEAR BUILT | 1890 |
|---|---|---|---|
| COUNTY | Racine | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick, Wood Siding |
| INTERIOR | Carpeting, Display Window, Fixtures, Fuel Tanks, Handicap Access, Handicap Equipped, Inside Storage, Living Space Avail, Office(s), Rest Rooms, Security Lighting, Sprinkler System |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 0.05 |
| SEWER | Public Sewer |
| TAXES | 10334 |
| WATER | Public |
| ZONING | B4 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Mahler Sotheby's International Realty
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