228 Main St, Racine, WI 53403
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228 Main St, Racine, WI 53403
228 Main St, Racine, WI 53403
228 Main St, Racine, WI 53403
228 Main St, Racine, WI 53403
Shannon Dykowski
Shannon Dykowski

Agent | License ID: 97360-94

+1(815) 483-3817

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Listed by Anthony J Veranth Mahler Sotheby's International Realty
Bought with Andrew Bollmeier Keller Williams Thrive-Caledonia

$ 575,000

$ 650,000 11.5%

Est. payment /mo
Sold on 06/01/2026

228 Main St Racine, WI 53403

4,872 SqFt

UPDATED:

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $118

MLS Listing ID 1944416

Sold Date 06/01/26

Annual Tax Amount $10,334

Tax Year 2024

Acres 0.05

Property Sub-Type Commercial/Industrial

Property 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.

Location

State WI

County Racine

Zoning B4

Direction Located on Main Street in Downtown Racine just south of State Street

Rooms

Basement Full

Interior

Cooling Central Air

Exterior

Roof Type Composition

Exclusions Seller and tenants personal property

Building

Building Description Brick,Wood, Sprinkler System,Fixtures,Carpeting,Fuel Tanks,Display Window,Rest Rooms,Inside Storage,Living Space Avail,Handicap Access,Handicap Equipped,Security Lighting,Office(s)

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick,Wood

Others

Tax ID 00075000

Metro MLS IDX (Broker Only)
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Shannon Dykowski

+1(815) 483-3817

shannon@shannondykowskirealtor.com

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228 Main St