1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
1116 Grove Unit 1118 Grove Ave, Racine, WI 53405
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Listed by Darryl Heyden • Realty ONE Group Boardwalk
$ 414,900
Est. payment | /mo

4,000 SqFt


Save
$ 414,900
Est. payment | /mo
Save

4,000 SqFt

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $103

MLS Listing ID 1956199

Year Built 1969

Annual Tax Amount $7,533

Tax Year 2025

Contingent With Offer

Lot Size 4,791 Sqft

Acres 0.11

Property Description

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

Location

State WI

County Racine

Zoning B2, RES

Rooms

Basement None

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Electric, Forced Air, Natural Gas

Flooring No

Exterior

Exterior Feature Brick, Other, Wood

Garage Spaces 3.0

Roof Type Rubber

Building

Water Municipal Sewer, Municipal Water

Metro MLS Back Office Only (CMA)

Nearby Schools & Businesses

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1116 Grove Unit 1118 Grove Ave