801 Wisconsin Ave - Schools FOR SALE


Racine, WI 53403- Downtown Racine
$1,500,000 USD
262-484-4848
801 Wisconsin Ave, Racine, WI for Sale
$1,500,000 USD
Schools - FOR SALE
1/19
null | Request Cap Rate

801 Wisconsin Ave
Racine, WI 53403
Downtown Racine


HIGHLIGHTS

  • In proximity to bus lines.
  • 2% low prime for financing

OVERVIEW

Foxconn is coming to the area, this would be a great location for a corporate office. We welcome EB-5 program participants! Space for over 600 seating and venue. Seller willing to finance sale with a 20% down payment. Uline is expanding in the area and adding more jobs. Beautiful Historical Church and adjacent Gorton Hall. Church was built in 1876 and retains many of it's original architectural features including the majestic pipes from the pipe organ, and marble stairs. Gorton Hall was added on later in the 1920's. It's three stories contain classrooms, a gymnasium, small chapel, lunch and/or meeting room, full kitchen and a two lane bowling alley in the basement. This property is within walking distance to shops, restaurants, and is a great location with an abundance of parking available. Potential uses include: Daycare center, auction house, school, antique store, clinic, corporate headquarters, etc A block and 1/2 from lake Michigan, and convenient to bus lines. Owner will Accept 30% down on the property and is also interested in doing a land sale. 2% low prime for financing

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial

APN/PARCEL ID

276-000000457000

ASK ABOUT THIS PROPERTY

Robert WatringWa-zar, Inc.More Info
262-484-4848

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Robert WatringWa-zar, Inc.More Info
262-484-4848

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