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Historic Downtown Live-Work Asset. Unlock incredible value in downtown Racine with this turnkey 1875 brick landmark. A proven performer, this property generated $39,000/year gross income from August 2024 to July 2026, delivering an impressive 11.85 cap rate. The first floor features prime commercial retail or office space with soaring 15-foot ceilings and high-visibility display windows directly on Main Street. Upstairs, discover a luxury residential loft apartment complete with high-end finishes and beautiful lake views. With current leases expiring July 31, 2026, this is the perfect window for an owner-occupant to move right in and start operating or for a savvy investor to reset market rents. Enjoy being fully walkable to the local marina, Lake Michigan beaches, and Monument Square.
| LAST UPDATED | 7/9/2026 | 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
0
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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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