Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Metro Realty-Racine
Address
1509 Rapids Dr Racine, WI
Price
$ 3,750,000
Property Attributes
  • MLS#1721498
  • TypeCommercial
  • CountyRACINE
  • CityRacine
  • Zip53404
  • Style
  • Year Built1955
  • Taxes$ 21000
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage322000
  • Lot Size6.7 Acres
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Metro Realty-Racine
Data Source:
MetroMLS - 186 - WI
Property Description

Huge Multi-tenant Commercial Complex with Multiple-Buildings features tenant occupied small and medium sized industrial, manufacturers, service, food production, assembly, office and warehouse storage tenants. Versatile and flexible floor plans, featuring 4 freight elevators, 7 various loading docks, and overhead doors for easy indoor access by vehicles. This complex is the former Hamilton Beach Manufacturing Facility. Also in the past has been a business incubator, distribution, manufacturing and assembly. Excellent balance of upward potential and improving rents and tenant quality. We managed with all the heavy lifting completed. Excellent power with enought for a server farm! Fully sprinklered, has food grade space and freezer space. Let's start a conversation about your fit.

Price History
12/14/2020 Listed $4,200,000
5/13/2021 6% - $3,980,000
8/18/2021 6% - $3,750,000

General Features

Basement None
Business Info: Industrial Park Name The Center
Location Corner, Near Public Transit, Free Standing
Miscellaneous 440 Volt Power, Sprinkler System, Security Equipment, Rest Rooms, Office(s), Loading Dock, Inside Storage, Freight Elevator, Fenced Yard
Parking 300.00
Property Type G
Road Frontage High Visibility, Town/City Road, Paved Road
Status Active
Tax Year 2020
Taxes 21000.00
Type Commercial Manufacturing, Wholesale, Warehouse, Storage, Special Purpose, Retail, Office(s)
Type Of Business Other
Year Built 1955
Zoning Industrial WH

Interior Features

Avg Ceiling Height 11'-15', 8'-10', 21'-30', 16'-20'
Heating/Cooling Central Air, Hot Water/Steam, Natural Gas, Indiv. Heating Units
Living Area 322000.00
Stories 3

Exterior Features

Exterior Brick
Flood Plan No
Roofing Rubber
Truck Door Height 13'-15', 9'-12'
Water/waste Municipal Sewer, Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 53404

Price
AVG $1.75M
$3.75M
Taxes
AVG $18,961
$21,000
Visits
AVG 17
26
Year Built
AVG 1948
1955
Walkscore
AVG 65
65
Data Provided by Walkscore ® not using MLS data

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