840 Lake Ave - Medical FOR SALE


Racine, WI 53403- Downtown Racine
$1,800,000 USD
840 Lake Ave, Racine, WI for Sale
$1,800,000 USD
Medical - FOR SALE
1/16
null | 5.89% Cap Rate

840 Lake Ave
Racine, WI 53403
Downtown Racine


HIGHLIGHTS

  • All Brick Professional Office Suites With Elevator
  • Located in Downtown Racine along Lakeshore
  • Ample Off Street Parking

OVERVIEW

Exceptional opportunity to own this premier 3 story office building strategically situated along the serene shoreline of Lake Michigan in Downtown Racine WI. Known as the Lake Forum building and offers nearly 19,000 square feet of professional office suites with long term tenants including law firms, tax professionals and medical practitioners. Located within walking distance to the Court House and Downtown Racine shops and dining. Featuring common elevator and common restrooms. Includes parking lots accommodating approximately 60 vehicles. Don't miss the opportunity to add this prestigious property to your portfolio! Call for a private tour today!

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

OI

APN/PARCEL ID

276-000000477000

ASK ABOUT THIS PROPERTY

Anna Maria DeRangoDeRango Real Estate ServicesMore Info

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Anna Maria DeRangoDeRango Real Estate ServicesMore Info

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