1201 Dr Martin Luther King Dr Racine, WI $ 169,000
1201 Dr Martin Luther King Dr
$ 169,000
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1201 Dr Martin Luther King Dr

Racine, WI, 53404
$ 169,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 1,167

1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 1
1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 2
1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 3
1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 4
1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 5
1201 Dr Martin Luther King Dr, Racine, WI 53404 - Image 6

Commercial Property for sale in Racine, WI

for $169,000. This 2,000 square foot building was built in 1936 on a lot size of 0.06.

PRIME MIXED-USE INVESTMENT OPPORTUNITY! Endless possibilities await at 1201 Dr. MLK Drive! This property features a spacious main-level storefront perfect for your next business venture. Bring your ideas! Convenience store, smoke shop, grocery store, carryout restaurant, salon, barbershop, office space, and more! Upstairs offers a 3-bedroom apartment with great rental income potential. LOCATION IS KEY! Situated just a block away from the new $73 million Dr. Martin Luther King Jr. Community Center development, along with newly developed condos and townhomes. Take advantage of the exciting revitalization happening in this growing neighborhood! Whether you're an investor or entrepreneur, this is an opportunity you don't want to miss! Buyer to verify permitted uses.

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Commercial Active

Price

$ 169,000

Property Type

Commercial

Taxes

$ 3,971

Style

Grocery,Salon/Barber Shop

Lot Size

0.06

Year Built

1936

Town/City

Racine

County/Region

Racine

MLS | Web ID

1987893

Features
General
Road Frontage High Visibility Near Public Transit Paved Road Town/City Road
Parking 0.00
Zoning Commecial
Year Built 1936
County Racine
Miscellaneous 220 Volt Power Fenced Yard
Property Type G
Location Corner Near Public Transit
Municipality City
Tax Year 2025
City Racine
Taxes 3971.21
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Interior
Basement Full
Heating/Cooling None
Stories 2
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Exterior
Exterior Aluminum Siding Brick
Roofing Rubber
Flood Plan No
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* Excluded Features
List By
Only Real Estate Group

Broker

will@onlyrealestategroup.com

Email

Affordability Calculator

$1,498
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,167
Monthly Property Taxes
$331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
11/10/2026$169,000 Listed Price

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1201 Dr Martin Luther King Dr, Racine, WI, 53404 is a Commercial Property for sale at $169,000 with 2,000 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