1301 S Memorial Dr, Racine, WI 53403
0.99 Acres
$675,000
Sold

1301 S Memorial Dr, Racine, WI 53403

$675,000

$675,000

IMG_3698

IMG_3698

Features

  • Commercial/Industrial
  • Status: Sold
  • Est. Square Footage: 26,560
  • Est. Year Built: 1965
  • County: Racine
  • Postal Municipality: Racine
  • MLS#: 1855071
  • Listing Company: Berkshire Hathaway HomeServices Metro Realty-Racin
  • Price/SqFt: $31
  • Zip Code: 53403

Property Description

1301 S Memorial Dr, Racine, WI 53403 - Great investment opportunity with this spacious Industrial building. Currently occupied by Custom Creations Inc for the last 20 years. Current rent is $6,400 monthly. Building features 3 Drive in bays, a loading dock, a paint booth and multiple gantry cranes with various capacity. The Roof was replaced in 2017 and has had yearly maintenance done by installer. Landlord maintains roof and structure, tenant maintains everything else. Landlord pays Taxes and insurance. Tenant is responsible for everything else. Prior to closing the landlord and tenant will execute a 5 year lease with 2 5 year options.

  • Additional features

    Basement

    • None

    Interior Features

    • Heating/Cooling: Indiv. Heating Units, Natural Gas, Other
    • Water Waste: Municipal Sewer, Municipal Water
    • Inclusions: Gantry cranes, air compressor, paint booth.

    Building and Construction

    • Roof: Rubber

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    1855071 Sold ActiveWO May 1 2024 12:00AM $675,000 41
    1855071 Sold ActiveWO May 1 2024 12:00AM $675,000 41
    1855071 ActiveWO Active Nov 28 2023 3:51PM 41
    1855071 Active Oct 20 2023 4:45PM $849,900 41
  • Schools
  • Demographics
  • Market Conditions

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report