622 3 Mile Rd Racine, WI 53402
North Bay-Shorecrest NeighborhoodEstimated payment $3,855/month
Total Views
33,581
--
Bed
--
Bath
2,725
Sq Ft
$202
Price per Sq Ft
Highlights
- Display Windows
- Handicap Accessible
- Central Air
About This Home
This bright brick commercial building is a prime investment opportunity, offering a fully functional kitchen ready to support both solo chefs and full-scale restaurant operations. With a newly installed commercial-grade hood system, the kitchen is designed for efficiency and safety. The property includes over half an acre of parking, ideal for high customer volume, and a drive-thru window to streamline service. Outside storage adds extra convenience, making this property a versatile and valuable asset for any food business seeking growth and success.
Listing Agent
RE/MAX Newport Brokerage Email: office@newportelite.com License #56787-90 Listed on: 08/10/2024
Property Details
Property Type
- Other
Est. Annual Taxes
- $10,381
Lot Details
- 1.07 Acre Lot
- 276000005954007
Parking
- 50 Parking Spaces
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 2,725 Sq Ft Home
- Display Windows
Additional Features
- Handicap Accessible
- Central Air
Listing and Financial Details
- Assessor Parcel Number 05954005
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,998 | $312,000 | $84,000 | $228,000 |
| 2023 | $10,301 | $312,000 | $84,000 | $228,000 |
| 2022 | $10,662 | $297,000 | $84,000 | $213,000 |
| 2021 | $11,460 | $297,000 | $84,000 | $213,000 |
| 2020 | $10,429 | $294,000 | $84,000 | $210,000 |
| 2019 | $8,614 | $268,000 | $84,000 | $184,000 |
| 2018 | $7,385 | $250,000 | $84,000 | $166,000 |
| 2017 | $8,200 | $250,000 | $84,000 | $166,000 |
| 2016 | $8,367 | $250,000 | $84,000 | $166,000 |
| 2015 | $7,978 | $250,000 | $84,000 | $166,000 |
| 2014 | $7,978 | $250,000 | $84,000 | $166,000 |
| 2013 | $7,978 | $250,000 | $94,500 | $155,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2024 11/28/24 | Price Changed | $549,900 | -8.2% | $202 / Sq Ft |
| 08/09/2024 08/09/24 | For Sale | $599,000 | -- | $220 / Sq Ft |
Source: Metro MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Unknown | |
| Closed | $100,000 | Unknown | |
| Closed | $232,000 | Commercial |
Source: Public Records
About the Listing Agent
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.
Karen's Other Listings
Source: Metro MLS
MLS Number: 1887267
APN: 276-000005954005
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