1301 S Memorial Dr Racine WI 53403-2025 $849,900

Property Description

1301 S Memorial Dr Racine WI 53403-2025 - Great investment opportunity with this spacious Industrial building. Currently occupied by Custom Creations Inc for the last 20 years. Current rent is $6,400 monthly. Building features 3 Drive in bays, a loading dock, a paint booth and multiple gantry cranes with various capacity. The Roof was replaced in 2017 and has had yearly maintenance done by installer. Landlord maintains roof and structure, tenant maintains everything else. Landlord pays Taxes and insurance. Tenant is responsible for everything else. Prior to closing the landlord and tenant will execute a 5 year lease with 2 5 year options.

Commercial/Industrial
Status: Sold
Est. Square Footage: 26,560
Est. Year Built: 1965
County: Racine
Postal Municipality: Racine
MLS#: 1855071
Listing Company: Berkshire Hathaway HomeServices Metro Realty-Racin
Price/SqFt: $31
Zip Code: null

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