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5605 Washington Ave 12,000 SF 97% Leased Office Building Racine, WI 53406 $2,641,513 CAD ($220.13 CAD/SF)
Investment Highlights
- Prime opportunity!
- Wonderful location, easily accessible via commuter line and main thoroughfares.
- Several pleasant restaurants and shopping within walking distance.
- Quiet and elegant office space, perfect for a variety of tenants.
- Building features include elevator on site, handicap accessibility, LED lighting, and ample surface parking availability.
Executive Summary
Beautiful, brick professional office property in a prime location on Washington Avenue in Racine. 30 parking spaces. Located between Denny's and Walmart at the corner of Hwy 20 (Washington Ave) and Hwy 31, this highly visible and easily accessible building. Well maintained and regularly updated. All new HVAC in 2024. The building has a consistent very high occupancy rate of professionals. Contact me for details. Make an Offer!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built
1976
Price
$2,641,513 CAD
Price Per SF
$220.13 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.35
Lot Size
0.78 AC
Zoning
B-2 - Commercial
Parking
26 Spaces (2.16 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Reception
- Storage Space
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 151-032213136000 | Improvements Assessment | $591,114 CAD |
| Land Assessment | $698,564 CAD | Total Assessment | $1,289,678 CAD |
Property Taxes
Parcel Number
151-032213136000
Land Assessment
$698,564 CAD
Improvements Assessment
$591,114 CAD
Total Assessment
$1,289,678 CAD
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Videos
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Photos
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Map
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Presented by
Tom Potisk
5605 Washington Ave
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