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1301 Washington Ave Racine, WI $ 249,000
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$ 249,000 Get more info
1301 Washington Ave
$ 249,000
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1301 Washington Ave

Racine, WI, 53403
$ 249,000
Baths0.0 Sq 2,400

Monthly Estimate*

$ 1,655

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Studio

Commercial Property for sale in Racine, WI

for $249,000. This 2,400 square foot building was built in 1920 on a lot size of 0.03.

Nestled in a revitalized neighborhood, this charming sports bar with an attached rental unit offers an ideal investment for an owner-occupied business. The fully-equipped bar features multiple screens, comfortable seating, and a well-stocked bar, attracting a loyal customer base. The cozy rental unit, perfect for living on-site or renting out, adds additional income potential.Licensing is included pending city approval, and city grants are available for business improvements. The area, bustling with new businesses and community events, ensures steady foot traffic and strong local support.Highlights:Turnkey operation with established clienteleRental unit for extra incomeAccess to city grants and incentivesPrime location in a revitalized area

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Commercial Active

Price

$ 249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,467

Style

Tavern/Bar

Lot Size

0.03

Year Built

1920

Town/City

Racine

County/Region

Racine

MLS | Web ID

1876047
Features
General
Road Frontage Near Public Transit Paved Road Town/City Road
Parking 15.00
Zoning B-2
Year Built 1920
County Racine
Miscellaneous 220 Volt Power Fixtures Furniture Inside Storage License Included Living Space Avail. Other Rest Rooms Security Equipment
Property Type G
Location Business District Corner Near Public Transit
Municipality City
Tax Year 2023
City Racine
Taxes 5467.86
Street Name Washington
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Interior
Basement Full
Heating/Cooling Central Air Forced Air Natural Gas
Stories 2
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Exterior
Exterior Aluminum Brick
Roofing Rubber
Flood Plan No
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* Excluded Features
List By
Only Real Estate Group

Broker

Anthony@onlyrealestategroup.com

Email

Affordability Calculator

$2,111
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,655
Monthly Property Taxes
$456
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
5/23/2024$249,000 -7.43% Price Down
5/19/2024$269,000 Listed Price

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1301 Washington Ave, Racine, WI, 53403 is a Commercial Property for sale at $249,000 with 2,400 sqft and a lot size of 0.03. 1301 Washington Ave is a studio with 0.0 baths and was built in 1920. The property's zip code is 53403 which is in Racine, WI

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