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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 11.1 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!
| LAST UPDATED | 5/14/2026 | YEAR BUILT | 1875 |
|---|---|---|---|
| COUNTY | Racine | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| INTERIOR | 220 Volt Power, Display Window, Handicap Access, Inside Storage, Living Space Avail |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 0.06 |
| SEWER | Public Sewer |
| TAXES | 6863.94 |
| WATER | Public |
| ZONING | B4 Central Bus |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with JC Realtors
Copyright 2026 – Multiple Listing Service, Inc. – All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial useand that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified.
This IDX solution is (c) Diverse Solutions 2026.
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