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Office Warehouse

The Marquette

1101 Mound Ave, Racine, WI 53404

Listing Price: $810,000

Cap Rate
7.36%
Lot Size
1.20 acres
Year Built
1922
Rentable SF
55,000

Investment Overview

The Marquette consists of 55,000 Square Feet just outside of downtown Racine, Wisconsin. A mix of light industrial and a fully built-out three-bedroom condo provides a
blueprint for future development of this site. While currently leased to local tenants, this is an opportunity for any investor to acquire an income producing asset on a
low price per-square-foot basis

Investment Highlights

  • Five Stories for total of 55,000 SF
  • 59,996 Net Operating Income
  • Parking with Loading Docks and Freight Elevator Access
  • Great Redevelopment Opportunity for Storage or Multi Family
  • Zoned Industrial / Public Storage
  • Located in Opportunity Zone

Exclusively Listed By

Financing By

Office Warehouse

The Marquette

Listing Price: $810,000

Cap Rate
7.36%
Lot Size
1.20 acres
Year Built
1922
Rentable SF
55,000

Investment Highlights

  • Five Stories for total of 55,000 SF
  • 59,996 Net Operating Income
  • Parking with Loading Docks and Freight Elevator Access
  • Great Redevelopment Opportunity for Storage or Multi Family
  • Zoned Industrial / Public Storage
  • Located in Opportunity Zone

Investment Overview

The Marquette consists of 55,000 Square Feet just outside of downtown Racine, Wisconsin. A mix of light industrial and a fully built-out three-bedroom condo provides a blueprint for future development of this site. While currently leased to local tenants, this is an opportunity for any investor to acquire an income producing asset on a low price per-square-foot basis

Exclusively Listed By

Financing By

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