WI > Racine
Racine, WI 53404,1201 Dr Martin Luther King DRIVE
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Daniel Bertelson

Daniel Bertelson

+1(608) 218-4460
$ 179,900
Est. payment | /mo

1,200 SqFt

Save
$ 179,900
Est. payment | /mo
Save

1,200 SqFt

Key Details

Property Type Commercial

Sub Type Retail,Grocery,Restaurant/Supper Club

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $149

MLS Listing ID 1908142

Year Built 1936

Annual Tax Amount $3,486

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Retail,Grocery,Restaurant/Supper Club

Property Description

1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near the $73 million new construction of the Dr. Martin Luther King Center, signaling significant future development and growth. This location offers excellent potential for long-term appreciation, making it an attractive investment and rental opportunity.

Location

State WI

County Racine

Zoning Commercial

Rooms

Basement Block, Brick, Full, Poured Concrete, Walk Out/Outer Door

Interior

Heating Electric, Natural Gas

Cooling Central Air, Forced Air

Exterior

Exterior Feature Aluminum/Steel, Aluminum, Brick, Brick/Stone, Vinyl

Garage Spaces 2.0

Parking On Site 2

Roof Type Tar/Gravel

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

Copyright 2025 WIREX - All Rights Reserved
Listed by Only Real Estate Group
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5320 Monona Drive, Monona, WI, 53716, United States

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1201 Dr Martin Luther King DRIVE