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5141 Douglas Ave
Racine, WI 53402
Vacant 86K Retail Box - Racine, WI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 86,476 SF Bldg on 10.2 Acres
- Prominent Pylon Signage
- 466 Surface Parking Spaces
- Village TIF incentives available
EXECUTIVE SUMMARY
Opportunity to co-anchor Greentree Centre with the only Pick ‘n Save in Caledonia and located on Highway 32 and 4 Mile Road, approximately 2 miles northwest of Racine.
Recent additions include a new roof added in 2012 with warranty through 8/20/2027.
Subject to Greentree Centre REA
Village of Caledonia would assist with the creation of a TID o help promote a redevelopment. Possible uses include, MF Housing, Office, Retail or any Special Use.
Recent additions include a new roof added in 2012 with warranty through 8/20/2027.
Subject to Greentree Centre REA
Village of Caledonia would assist with the creation of a TID o help promote a redevelopment. Possible uses include, MF Housing, Office, Retail or any Special Use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
86,476 SF
Building Class
B
Year Built
1990
Price
$4,612,581 CAD
Price Per SF
$53.34 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Lot Size
10.20 AC
Zoning
B-3 - Commercial
Parking
466 Spaces (5.39 Spaces per 1,000 SF Leased)
Frontage
347’ on Douglas Ave
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 104-042320103160 | Improvements Assessment | $1,153,885 CAD |
| Land Assessment | $1,278,679 CAD | Total Assessment | $2,432,563 CAD |
PROPERTY TAXES
Parcel Number
104-042320103160
Land Assessment
$1,278,679 CAD
Improvements Assessment
$1,153,885 CAD
Total Assessment
$2,432,563 CAD
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