1116 Grove AVENUE #1118 Grove Ave, Racine, WI 53405
1116 Grove AVENUE #1118 Grove Ave, Racine, WI 53405
1116 Grove AVENUE #1118 Grove Ave, Racine, WI 53405
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Jacob Ballweg

Jacob Ballweg

Ballweg's Real Estate LLC

+1(920) 219-2168
$419,900
Est. payment /mo
4,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Service,Retail,Special Purpose,Other,Salon/Barber Shop

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $104

MLS Listing ID 1956199

Year Built 1969

Annual Tax Amount $7,533

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Service,Retail,Special Purpose,Other,Salon/Barber Shop

Property Description

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

Location

State WI

County Racine

Zoning B2, RES

Rooms

Basement None / Slab

Interior

Heating Electric, Natural Gas

Cooling Forced Air

Inclusions in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.

Exterior

Exterior Feature Brick, Brick/Stone, Other, Wood

Garage Spaces 3.0

Parking On Site 3

Roof Type Rubber/Membrane

Building

Dwelling Type Free Standing

Story 2

Sewer Municipal Sewer, Municipal Water

New Construction N

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Jacob Ballweg
Jacob Ballweg

Broker | License ID: 57699-90

+1(920) 219-2168 | [email protected]

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1116 Grove AVENUE #1118 Grove Ave