1509 Rapids Dr

Racine, Wisconsin 53404
Closed / MLS #1768580 / Business / Racine
Listing information updated 2/21/2023 at 2:42pm
Huge Multi-tenant Commercial Complex with Multiple-Buildings features tenant occupied small and medium sized industrial, manufacturers, service, food production, assembly, office and warehouse storage tenants. Versatile and flexible floor plans, featuring 4 freight elevators, 7 various loading docks, and overhead doors for easy indoor access by vehicles. This complex is the former Hamilton Beach Manufacturing Facility. Also in the past has been a business incubator, distribution, manufacturing and assembly. Excellent balance of upward potential and improving rents and tenant quality. Well managed with all the heavy lifting completed. Excellent power with enough for a server farm! Fully sprinklered, has food grade space and freezer space. Let's start a conversation about your fit.

Full Features

Acreage:
6.70
Built:
1955
Roof:
Composition,Rubber
Ceiling Height:
11
Zoning:
Commercial
Current Net Income:
$Corner,Free Standing,Industrial Park,Near Public Transit

Taxes & Assessments

Tax Amount:
$26,922
Tax Year:
2020

Location

Zip Code:
53404
City:
Racine
County:
Racine

Listing Office: Carol L. Hawes

Listing Office Phone: 262.554.0380

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1509 Rapids Dr is a business which sold for $3,100,000. This business has been listed on @properties since October 19th, 2021 and was built in 1955.