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1201 Dr Martin Luther King Dr Racine, WI $ 178,000
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$ 178,000 Get more info
1201 Dr Martin Luther King Dr
$ 178,000
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1201 Dr Martin Luther King Dr

Racine, WI, 53404
$ 178,000
Bedrooms-- Baths-- Sq 1,200

Monthly Estimate*

$ 1,110

1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 1

Commercial Property for sale in Racine, WI

for $178,000. This 1,200 square foot building was built in 1936 on a lot size of 0.06.

1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near the $73 million new construction of the Dr. Martin Luther King Center, signaling significant future development and growth. This location offers excellent potential for long-term appreciation, making it an attractive investment and rental opportunity.

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Commercial Active

Price

$ 178,000

Property Type

Commercial

Taxes

$ 3,486

Style

Grocery,Restaurant

Lot Size

0.06

Year Built

1936

Town/City

Racine

County/Region

Racine

MLS | Web ID

1908142
Features
General
Road Frontage High Visibility Near Public Transit None Town/City Road
Parking 2.00
Zoning Commercial
Year Built 1936
County Racine
Miscellaneous Fenced Yard
Property Type G
Location Corner Near Public Transit
Municipality City
Tax Year 2024
City Racine
Taxes 3486.88
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Interior
Basement Block Brick Full Poured Concrete Walk Out/Outer Door
Heating/Cooling Central Air Electric Forced Air Natural Gas
Stories 2
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Exterior
Exterior Aluminum Siding Brick Vinyl
Roofing Tar/Gravel
Flood Plan No
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* Excluded Features
List By
Only Real Estate Group

Broker

will@onlyrealestategroup.com

Email

Affordability Calculator

$1,401
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,110
Monthly Property Taxes
$291
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/24/2025$178,000 Listed Price

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1201 Dr Martin Luther King Dr, Racine, WI, 53404 is a Commercial Property for sale at $178,000 with 1,200 sqft and a lot size of 0.06. 1201 Dr Martin Luther King Dr was built in 1936. The property's zip code is 53404 which is in Racine, WI

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