REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Darryl Heyden • Realty ONE Group Boardwalk
$ 419,900
Est. payment /mo
Active
1116 Grove Unit 1118 Grove Ave Racine, WI 53405
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $104
MLS Listing ID 1956199
Year Built 1969
Annual Tax Amount $7,533
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Location
State WI
County Racine
Zoning B2, RES
Rooms
Basement None
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Electric, Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Brick, Other, Wood
Garage Spaces 3.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
Copyright 2026 – Multiple Listing Service, Inc. – All Rights Reserved