1913 Melvin Ave - Warehouse FOR SALE


Racine, WI 53404- Mount Pleasant
$675,000 USD
262-844-5027
1913 Melvin Ave, Racine, WI for Sale
$675,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

1913 Melvin Ave
Racine, WI 53404
Mount Pleasant


HIGHLIGHTS

  • Conveniently located just 3 miles from downtown Racine, 17 miles from Milwaukee Mitchell International Airport, and 23 miles from downtown Milwaukee.
  • Parking accommodates 12 semi-trailers, 10 semi-trucks, and 9 automotive spaces, all expandable.

OVERVIEW

This well-maintained industrial facility offers 5,757 SF of building space, including 1,605 SF of office area, situated on a 1.76-acre lot zoned I-2 General Industrial. Built in 1983 with durable concrete block construction, the property features a 16' minimum clear height, 3 drive-through bays, and 6 drive-in doors, providing excellent functionality for a variety of industrial uses. Power includes 600A 480/277V 3-phase service and 400A 240V 3-phase service, ensuring robust electrical capacity. Parking accommodates 12 semi-trailers, 10 semi-trucks, and 9 automotive spaces, all expandable. Assessed at $247,800 (2024) with annual taxes of $6,005.17, this property is offered at $675,000. Conveniently located just 3 miles from downtown Racine, 17 miles from Milwaukee Mitchell International Airport, and 23 miles from downtown Milwaukee, this site provides excellent regional access for logistics and operations.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.77

LAND SF

77,057

ZONING

I-2

APN/PARCEL ID

276-000020936003

ASK ABOUT THIS PROPERTY

Cody ZieglerCushman & Wakefield | BoerkeMore Info
262-844-5027

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Cody ZieglerCushman & Wakefield | BoerkeMore Info
262-844-5027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.