1116 Grove AVENUE new Save Request In-Person Tour Request Virtual Tour
Racine,WI 53405
Key Details
Property Type Commercial
Sub Type Service,Retail,Special Purpose,Other,Salon/Barber Shop
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $104
MLS Listing ID 1922446
Year Built 1969
Annual Tax Amount $7,167
Tax Year 2023
Lot Size 4,791 Sqft
Property Sub-Type Service,Retail,Special Purpose,Other,Salon/Barber Shop
Property Description
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4200/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 south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Let the tenants pay the mortgage. POSITIVE CASH FLOW
Location
State WI
County Racine
Zoning B2, RES
Interior
Heating Electric,Natural Gas
Cooling Forced Air
Inclusions in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.
Exterior
Exterior Feature Other,Partial-Brick,Partial-Wood
Garage Spaces 3.0
Parking On Site 3
Roof Type Rubber/Membrane
Building
Dwelling Type Free Standing
Sewer Municipal Sewer,Municipal Water
New Construction N