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$350,000
Est. payment /mo
4,030 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail,Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,030 sqft
Price per Sqft $86
MLS Listing ID 1951097
Year Built 1860
Annual Tax Amount $5,008
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Retail,Other
Property Description
409 Main Street is a rare downtown investment opportunity with modern upgrades and future upside, current rents are under market. The striking facade was refreshed in 2021, giving this historic property instant curb appeal. The versatile commercial space was fully rehabbed in 2019, and above, a one-bedroom apartment was completely updated in 2025. Plans and architectural drawings are completed to add an additional one-bedroom unit on the 3rd floor, unlocking even more income potential. The lot runs from Main St to Lake St, with off street parking in the rear. A full basement with no known leaks per owner adds valuable storage or future development space. Perfect for owner-operator, investor, or mixed-use visionaries.
Location
State WI
County Racine
Zoning B4/Commercial
Rooms
Basement Brick, Full
Interior
Heating Natural Gas
Inclusions Stove and refrigerator in apartment
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 6.0
Parking On Site 6
Roof Type Rubber/Membrane
Building
Story 3
Sewer Municipal Sewer, Municipal Water
New Construction N
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Listed by Coldwell Banker Realty
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