334 Main St

Racine, WI 53403

$329,000

Description

Historic Downtown Live-Work Asset. Unlock incredible value in downtown Racine with this turnkey 1875 brick landmark. A proven performer, this property generated $39,000/year gross income from August 2024 to July 2026, delivering an impressive 11.85 cap rate. The first floor features prime commercial retail or office space with soaring 15-foot ceilings and high-visibility display windows directly on Main Street. Upstairs, discover a luxury residential loft apartment complete with high-end finishes and beautiful lake views. With current leases expiring July 31, 2026, this is the perfect window for an owner-occupant to move right in and start operating or for a savvy investor to reset market rents. Enjoy being fully walkable to the local marina, Lake Michigan beaches, and Monument Square.

Property Details

Interior Features

Directions

On Main Street in downtown Racine, between 3rd and 4th Streets.