$ 419,900
501 6th STREET Racine, WI 53403
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 419,900
Est. payment /mo
Active
501 6th STREET Racine, WI 53403
5,200 SqFt
UPDATED:
08/25/2024 01:58 AM
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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Listed by RE/MAX Newport