1949 State St, Racine Single Unit, WI 53404

Introducing State Street Gem located at 1949 State St, Racine, WI 53404. This property offers a prime investment opportunity with a lot size of 0.26 acres and a building of roughly 600 sq ft.

Built in 1957, the premises recently underwent $30,000 worth of renovations by the tenant, securing lease occupancy until June 1st, 2026. Generating a monthly rent of $850, the property boasts a Net Operating Income (NOI) of $7,700 after accounting for taxes and insurance.

Strategically situated on a main road, this State Street Gem presents immense potential for expansion. Don't miss the chance to own this lucrative asset that promises both immediate returns and future growth. Whether you are a seasoned investor or a newcomer to commercial real estate, this property in Racine, WI is a surefire addition to your portfolio. Grab this opportunity and make State Street Gem yours today!