212 Hamilton St - Warehouse FOR SALE


Racine, WI 53402- Downtown Racine
$3,500,000 USD
262-632-9990
212 Hamilton St, Racine, WI for Sale
$3,500,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

212 Hamilton St
Racine, WI 53402
Downtown Racine


HIGHLIGHTS

  • 90 existing storage units with additional room for indoor and outdoor storage expansion.
  • Spacious office area featuring five additional potential office suites.
  • Established business with 17 years of operating history. Long-term U-Haul contract in place.
  • Opportunity to purchase the ongoing storage business separately.

OVERVIEW

Are you ready for your next business venture!? This former Naval Base just blocks from Lake Michigan, has been turned into a storage facility with 90 units and lots of extra space for more inside and outside storage. The office area is spacious with 5 other potential office spaces. Between the offices and the upstairs studio apartment, there are 2 1/2 bathrooms. The roof top off of the upstairs apartment has been turned into a nice deck area with lake views. Potential to purchase ongoing business separately. Owner has had steady business for the last 17 years including a contract with UHAUL.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

UTILITIES

Lighting - Metal Halide, Gas, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.53

LAND SF

66,647

ZONING

I1

APN/PARCEL ID

276-000002458000

ASK ABOUT THIS PROPERTY

Tyler MurphyRE/MAX NewportMore Info
262-632-9990

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Tyler MurphyRE/MAX NewportMore Info
262-632-9990

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