1116 Grove Ave 1118 Grove Ave, Racine, WI
$414,900
4,000
Square feet
0.11
Acres
About 1116 Grove Ave 1118 Grove Ave
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Features of 1116 Grove Ave 1118 Grove Ave
| MLS® # | 1956199 |
|---|---|
| Price | $414,900 |
| Square Footage | 4,000 |
| Acres | 0.11 |
| Year Built | 1969 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 1116 Grove Ave 1118 Grove Ave |
|---|---|
| City | Racine |
| County | Racine |
| State | WI |
| Zip Code | 53405 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
| Basement | None |
Exterior
| Roof | Rubber |
|---|---|
| Construction | Brick,Wood,Other |
Additional Information
| Date Listed | April 2nd, 2026 |
|---|---|
| Days on Market | 153 |
| Zoning | B2, RES |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $7,533 |
| Tax Year | 2025 |
| Agent | Darryl Heyden |
| Office | Realty ONE Group Boardwalk |
Listing Details
| Office | Realty ONE Group Boardwalk |
|---|