Racine, WI 53404 1201 Dr Martin Luther King Dr
$179,900
Presented By: Only Real Estate Group;
Home Details
1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near the $73 million new construction of the Dr. Martin Luther King Center, signaling significant future development and growth. This location offers excellent potential for long-term appreciation, making it an attractive investment and rental opportunity.
Presented By: Only Real Estate Group;
Interior Features for 1201 Dr Martin Luther King Dr
Other Interior Features
Avg Ceiling Height16'-20'
BasementBlock, Brick, Full, Poured Concrete, Walk Out/Outer Door
Heating/CoolingCentral Air, Electric, Forced Air, Natural Gas
Stories2
General for 1201 Dr Martin Luther King Dr
CityRacine
CountyRacine
LocationCorner, Near Public Transit
MiscellaneousFenced Yard
MunicipalityCity
Parking2.00
Property TypeG
Road FrontageHigh Visibility, Near Public Transit, None, Town/City Road
Tax Year2024
Taxes$3,487
Type CommercialRetail
Type of BusinessGrocery, Restaurant
Year Built1936
ZoningCommercial
Exterior for 1201 Dr Martin Luther King Dr
ExteriorAluminum, Brick, Vinyl
Flood PlanNo
RoofingTar/Gravel
Truck Door HeightNo Truck Door
Water/WasteMunicipal Sewer, Municipal Water
Additional Details
Price History
