501 6th STREET Active

Racine,WI 53403

$ 419900

- Bed

- Bath

5200 SqFt


Key Details

Property Type Commercial

Sub Type Recreation/Health Club,Restaurant/Supper Club,Tavern/Bar

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $80

MLS Listing ID 1887269

Year Built 1892

Annual Tax Amount $4,227

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Property Description

This prime commercial property on Racine's popular Sixth Street is a standout investment opportunity. The bar features a newly updated kitchen, perfect for serving meals alongside drinks, and is a local favorite for live music. Entertainment options include a pool table and gambling machines, ensuring a lively atmosphere. The upper unit offers a large entertainment room for private events, and one apartment has been gutted to the studs, ready for customization. Additionally, a city facade grant is available for exterior improvements, including window upgrades, adding even more value to this property. Situated in the heart of downtown Racine's vibrant nightlife scene, this location is an excellent asset for investors.

Location

State WI

County Racine

Zoning Business

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Central Air,Forced Air

Exterior

Exterior Feature Brick,Brick/Stone

Waterfront N

Roof Type Rubber/Membrane

Building

Dwelling Type Free Standing

Sewer Municipal Sewer,Municipal Water

New Construction N

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