420 7Th StRacine, WI 53403

This exceptional 5,052-square-foot office building, located at 420 7th Street in Racine, Wisconsin, presents a compelling investment opportunity. The property, built in 1947, is a two-story Class C building situated on a 0.07-acre lot and zoned B4 Central Bus Dist. Currently vacant, this flexible space offers a multitude of possibilities. The interior is currently configured as offices and conference rooms, but its adaptable layout allows for easy conversion to suit various business needs. A fully finished basement provides additional usable square footage, expanding the overall functionality. The building features four bathrooms, two on each floor. The first and second floors can be easily separated for independent use, creating potential for rental income. Benefitting from a high daily traffic count of 3,800 vehicles (per DOT data), this property enjoys a prime location in the heart of downtown Racine, within close proximity to City Hall, the police station, courthouse, and a vibrant array of downtown shopping and dining options. Its proximity to Lake Michigan adds to its appeal. The asking price is $375,000, translating to $74.23 per square foot. This property is located in an opportunity zone. The building's address is 420 7th St, Racine, WI 53403. APN: 00348000. The lease type is modified.