228 Main St, Racine, WI 53403 CONTINGENT
| 4,872 Sq Ft |
Description of 228 Main St, Racine, WI 53403
This is a rare opportunity to acquire a spectacular income-generating building (restaurant business not included) in Downtown Racine, just steps from Lake Michigan. Featuring historic architecture, the almost 5,000 sqft building with coveted Cream City Brick has been kept in superb condition. A reliable, established restaurant leases the desirable street-level space, while the upstairs features two top-rated AirBNB apartments for immediate high-yield cash flow. Each one-bedroom apartment is 1,200 sqft or there is an adjoining door to combine. Units have been updated including modern amenities, plus tenants and patrons alike benefit from a convenient, attached parking structure. Don't let this investment opportunity pass you by. Apt1 currently rented MTM thru 4/1/2026 at $1,250 per month.
Property Features of 228 Main St, Racine, WI 53403
Industrial
1890
$10,334.00
.05
Features
| Central air |
| Brick exterior |
| Wood exterior |
| Lot acreage is: 0.05 |
| Lot sqft: 2178 |
| Lot zoned: B4 |
| Road frontage: City Street |
| Handicap access |
| Carpet |
| Composition roof |
| Full basement |
| Public sewer |
| Public water |
| For sale |
| Tax year: 2024 |
| Business type: Hotel/Motel,Restaurant,Other |