1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
1116 Grove 1118 Grove Ave Ave, Racine, WI 53405
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Sona Olson

Sona Olson

+1(608) 770-1896
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

Sub Type Commercial/Industrial

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

Acres 0.11

Property Sub-Type Commercial/Industrial

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

Direction Washington Ave to Grove, N to property.

Rooms

Basement None

Interior

Inclusions in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.

Exterior

Roof Type Rubber

Total Parking Spaces 3

Exclusions seller's & tenants' personal property.

Building

Building Description Brick,Wood,Other, Fixtures,Furniture,Rest Rooms,Inside Storage,Living Space Avail,Handicap Equipped

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick,Wood,Other

Others

Tax ID 12769000

Metro MLS IDX (Broker Only)
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Nearby School & Business

Sona Olson

+1(608) 770-1896

sona@therec.net

2005 W Beltline Hwy, Suite 103, Madison

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