4418 Douglas Avenue in Racine, Wisconsin, presents an unparalleled commercial acquisition opportunity in suburban Milwaukee. Ideal for both end-users and investors, this vacant 1,410-square-foot property offers a former used car lot with flexible B-3 zoning, providing opportunities for a wide range of retail, office, and service-based businesses. The building was originally constructed in 1974 and provides a versatile floor plan, equipped with two offices, three bays, and one hoist. The offer includes an adjacent lot to the south, providing a total of 1.4 acres, with 310 feet of prime frontage to State Highway 32. This excess land includes a separate access point from St. Rita’s Road, providing optionality for a number of separate development or expansion projects. A prime location directly off State Highway 32 benefits businesses at 4418 Douglas Avenue with robust exposure to strong daily traffic. More than 14,000 vehicles pass by the location each day along this vital artery, which serves as the main connection from Racine to Milwaukee. The surrounding area makes up a popular retail corridor, and the subject property enjoys convenient proximity to national shopping and dining options such as Pick ‘n Save, Aldi, Wingstop, Culver’s, Wendy’s, Domino’s Pizza, and more. Nearby connections for Highways 31 and 38 also provide seamless regional access, allowing travel to and from downtown Racine in 4.2 miles, General Mitchell International Airport in 16 miles, and Downtown Milwaukee in 26 miles. Investors will find a favorable leasing environment in the surrounding submarket, where retail vacancies have dropped to just 4.4% and rents have climbed 1.7% on average annually during the past five years. No new retail inventory is currently under construction in the area, ensuring limited competition for a new owner’s leasing efforts. The region is supported by more than 102,000 residents living within 5 miles of the property, who contribute more than $1.1 billion in annual consumer spending. These affluent locals comprise a meaningful customer base that elevates operations for businesses and investors in 4418 Douglas Avenue. Don’t miss this rare opportunity; reach out to the First Weber Realtors team today to schedule a tour and learn more about this incredible offer.