1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
1116 Grove AVE #1118 Grove Ave, Racine, WI 53405-3028
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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

Sub Type Service,Retail,Special Purpose,Other,Salon/Barber Shop

Listing Status Active with Offer

Purchase Type For Sale

Approx. Sqft 3501 or more,3501-5000,2501 or more

Square Footage 4,000 sqft

Price per Sqft $103

Municipality RACINE

MLS Listing ID 1956199

Year Built 1969

Annual Tax Amount $7,533

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Service,Retail,Special Purpose,Other,Salon/Barber Shop

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 / Slab

Interior

Heating Electric, Natural Gas

Cooling Forced Air

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

Garage Spaces 3.0

Parking On Site 3

Roof Type Rubber/Membrane

Total Parking Spaces 3

Building

Building Age 21+ Years

Dwelling Type Free Standing

Story 2

Sewer Municipal Sewer, Municipal Water

Structure Type Brick,Brick/Stone,Other,Wood

New Construction N

Nearby Locations

Michael Kunesh

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 570-2000

mkunesh@placeperfect.com

2056 Maple Ave, Marinette, Wisconsin 54143, USA

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1116 Grove AVE #1118 Grove Ave