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Listed price in listed location currency (USD).
$650,000

000

MLS® 1944416

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $10,334
Days Active 1
Approx. Age 1890
MLS® Number 1944416

Property Address: 228 Main Street, RACINE, WI, 53403

Average square foot calculated using Size range provided by listing agent.

Description

This is a rare opportunity to acquire a spectacular income-generating building (restaurant business not included) in Downtown Racine, just steps from Lake Michigan. Featuring historic architecture, the almost 5, 000 sqft building with coveted Cream City Brick has been kept in superb condition. A reliable, established restaurant leases the desirable street-level space, while the upstairs features two top-rated AirBNB apartments for immediate high-yield cash flow. Each one-bedroom apartment is 1, 200 sqft or there is an adjoining door to combine. Units have been updated including modern amenities, plus tenants and patrons alike benefit from a convenient, attached parking structure. Don't let this investment opportunity pass you by. Apt1 currently rented MTM thru 4/1/2026 at $1, 250 per month.
MLS® Number1944416
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All furnishings in both AirBNB units.

Rooms

Family Room:Not available
Family Room:Not available
Family Room:Not available
Family Room:Not available
Other:Not available
Other:Not available
Laundry:Not available
Other:Not available
Dining Room:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 3, 2025List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
228 Main Street, RACINE, WI

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