4418 Douglas Ave - Auto Dealership FOR SALE
Racine, WI 53402 |
4418 Douglas Ave
Racine, WI 53402
HIGHLIGHTS
- Versatile asset spanning 1,410 square feet, formerly a used car lot, equipped with two offices, three bays, and a hoist.
- Includes an adjacent parcel for a total of 1.41 acres with two unique points of access, providing upside for future expansion or development.
- Flexible B-3 zoning accommodates a wide range of commercial uses, including retail, office, or service-based businesses.
- Strong frontage (310 feet) to State Highway 32 provides the property with fantastic daily exposure to more than 14,000 passing vehicles.
- Placed within an established retail corridor near national shopping and dining brands, drawing dependable customer traffic to the area.
- Supported by a 5-mile population of more than 102,000, with an average income of over $85,000 and annual spending of more than $1.1 billion.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Commercial Asset & Adjoining Parcel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
TOTAL BUILDING SIZE
1410
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
104-042329537000,104-042329539000
