201 6Th StRacine, WI 53403

This prime, mixed-use property at 201 6th St, Racine, WI 53403, presents a compelling investment opportunity. The 18,600 square foot, five-story building, constructed in 1900 and renovated in 2012, boasts 14,000 square feet of net rentable space, currently at 20% occupancy. The asking price is $1,200,000, translating to $64.52 per square foot. Located in Racine's Central Business District on a 0.08-acre lot (APN 00316000), this Class C building offers a unique blend of hospitality and office space. The ground floor features a bar/restaurant with a second-floor banquet space, presenting immediate leasing potential. Upper floors provide office space with desirable Lake Michigan views. A private club, complete with kitchen and bar, occupies the top floor, adding to the property's revenue streams. The building's strategic location at the busy intersection of 6th and Main Streets in Downtown Racine ensures high visibility and accessibility. This property is owned by Dumont Properties, LLC. The building's history and current configuration offer significant upside for a savvy investor seeking to capitalize on Racine's revitalized downtown area.