$1,249,900

Estimated payment $7,807/month

Total Views 65,686
-- Bed
-- Bath
32,748 Sq Ft
$38 Price per Sq Ft

About This Home

The site currently includes a Flex Gym, boasting new HVAC systems and updated lighting, ensuring a comfortable and efficient workout environment. Additional tenants include a well-established nail salon, Yellow Ginger restaurant, and a WIC office, catering to a variety of community needs. Family Furniture and Family Dollar further enhance the convenience of this location. Ample parking is available, making it easy for customers and clients to access the diverse range of services offered. This versatile property, with its blend of existing amenities and potential for further development, represents a prime investment opportunity in a thriving area. Possibility to build other buildings on the outlots also exists

Listing Agent

Karen Sorenson

RE/MAX Newport Brokerage Email: office@remaxnewport.com License #56787-90 Listed on: 09/27/2025

RE/MAX Newport

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,490

Parking

  • 125 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • 32,748 Sq Ft Home
  • Display Windows

Additional Features

  • 5.55 Acre Lot
  • Central Air

Community Details

  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number 20419028

Property Details

Property Type

Other

Est. Annual Taxes

$14,490

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 5.55
  • Road Frontage Type: Town/City Road, High Visibility, Paved Road, Near Public Transit
  • Directions: I94 to Hwy K Exit east follow Hwy K to Rapids Dr Property is on the corner of Rapids and Mt Pleasant
  • Attribution Contact: office@remaxnewport.com
  • Property Information:Est Total Sq Ft: 32748
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Construction Type: Aluminum Siding, Brick, Wood
  • Roof: Tar/Gravel

Garage/Parking

  • Total Parking Spaces: 125

Utilities

  • Green Building Features: Security Equipment, Pole Sign, Display Window, Rest Rooms, Security Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 241758
  • Parcel #: 20419028

Tax Info

  • Tax Annual Amount: 14489.97
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,026 $552,000 $274,365 $277,635
2023 $16,027 $552,000 $274,365 $277,635
2022 $15,337 $552,000 $274,365 $277,635
2021 $17,834 $552,000 $274,365 $277,635
2020 $17,395 $552,000 $274,365 $277,635
2019 $14,549 $455,000 $63,900 $391,100
2018 $14,570 $455,000 $63,900 $391,100
2017 $22,700 $455,000 $63,900 $391,100
2016 $29,310 $665,000 $63,900 $601,100
2015 $27,479 $665,000 $63,900 $601,100
2014 $27,479 $665,000 $63,900 $601,100
2013 $27,479 $665,000 $71,900 $593,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2025 09/27/25 For Sale $1,249,900 -- $38 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Source: Public Records

About the Listing Agent

Karen Sorenson

RE/MAX Newport

(262) 500-3411

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Karen was born and raised in Racine County. Her husband and her have raised their four children there and run various businesses. She has been in Real Estate for 25 years. Karen has her real estate license in both Wisconsin and Illinois. She enjoys helping people with some of the biggest decisions of their life. Is it time to buy, sell, invest, move or I'm underwater what are my options? She does Commercial real estate also and she is the # 1 agent in Racine County.

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Source: Metro MLS

MLS Number: 1936995

Metro MLS

APN: 276-000020419028