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$419,900
4,000
square ft

1116 Grove Ave
Racine, Wisconsin 53405

Active / MLS #1922446 / Business / Racine
Listing information updated 10/21/2025 at 9:41am
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Acreage:
0.11
Built:
1969
Roof:
Rubber
Ceiling Height:
8'
Zoning:
B2, RES
Current Net Income:
$Business District,Free Standing
Tax Amount:
$7,167
Tax Year:
2023
Zip Code:
53405
City:
Racine
County:
Racine

Listing Office: Realty ONE Group Boardwalk

Listing Office Phone: 262.586.7900

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Metro MLS. Copyright 2025 Multiple Listing Service, Inc. - All Rights Reserved. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Racine

Racine, WI

Situated on the shores of Lake Michigan and at the mouth of the picturesque Root River, the City of Racine is more than just an angler’s haven. With over 1,100 acres of parkland, the city is home to several attractions including a vibrant arts community, zoo, and variety of historic buildings, man...
$256,342
Average Sale Price
37
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1116 Grove Ave, Racine, WI 53405
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1116 Grove Ave, Racine, WI 53405 is a business currently listed at $419,900. This business has been listed on @properties Christie's International Real Estate since June 16th, 2025 and was built in 1969.

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