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1116 Grove Ave Racine, WI $ 419,900
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$ 419,900 Get more info
1116 Grove Ave
$ 419,900
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1116 Grove Ave

Racine, WI, 53405
$ 419,900
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 2,620

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Commercial Property for sale in Racine, WI

for $419,900. This 4,000 square foot building was built in 1969 on a lot size of 0.11.

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

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Commercial Active

Price

$ 419,900

Property Type

Commercial

Taxes

$ 7,167

Style

Salon/Barber Shop

Lot Size

0.11

Year Built

1969

Town/City

Racine

County/Region

Racine

MLS | Web ID

1922446
Features
General
Road Frontage Near Public Transit Paved Lot
Parking 3.00
Zoning B2 RES
Year Built 1969
County Racine
Miscellaneous Fixtures Furniture Handicap Equipped Inside Storage Living Space Avail. Rest Rooms
Property Type G
Location Business District Free Standing
Municipality City
Tax Year 2023
Directions Washington Ave to Grove N to property.
City Racine
Taxes 7167.00
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Interior
Basement None
Heating/Cooling Electric Forced Air Natural Gas
Stories 2
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Exterior
Exterior Brick Other Partial-Brick Partial-Wood Wood
Roofing Rubber
Flood Plan No
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* Excluded Features
List By
Realty One Group Boardwalk

Broker

darryl@wisconsinhome.info

Email

Affordability Calculator

$3,217
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,620
Monthly Property Taxes
$597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/16/2025$419,900 Listed Price

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1116 Grove Ave, Racine, WI, 53405 is a Commercial Property for sale at $419,900 with 4,000 sqft and a lot size of 0.11. 1116 Grove Ave was built in 1969. The property's zip code is 53405 which is in Racine, WI

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