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228 Main STREET
228 Main STREET
228 Main STREET
228 Main STREET
228 Main STREET
228 Main STREET
228 Main STREET
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For Sale

228 Main STREET

228 Main STREET, Racine, WI 53403

$650,000
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.

4,872 Sq.Ft. LIVING AREA

2,178 Sq.Ft. lot

Tony Veranth

Tony Veranth

Features & Amenities

Interior

  • Flooring Carpet
  • other interior Features Storage

Area & Lot

  • Status For Sale
  • Living Area4,872 Sq.Ft.
  • Lot Area2,178 Sq.Ft.
  • MLS® ID1944416
  • TypeCommercial
  • YEAR BUILT1890

Exterior

  • water SourcePublic
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • security FeaturesSecurity Lights

Financial

  • Sales Price$650,000
  • Real Estate Tax $10,334/yr
  • Zoning B4
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 228 Main STREET, Racine, WI 53403. We are reviewing your request and will be in touch shortly!

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