$525,000

Estimated payment $3,619/month

Total Views 5,940
-- Bed
-- Bath
2,725 Sq Ft
$193 Price per Sq Ft

Highlights

  • Hot Property
  • Handicap Accessible
  • Central Air
  • Display Windows

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

Karen Sorenson

RE/MAX Newport Brokerage Email: office@remaxnewport.com License #56787-90 Listed on: 10/04/2025

RE/MAX Newport

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,892

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

Property Details

Property Type

Other

Est. Annual Taxes

$9,892

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 1.07
  • Road Frontage Type: High Visibility, Paved Road, Paved Lot, Near Public Transit
  • Directions: Douglas Ave (Hwy 32) South to 3 mile rd east to property
  • Attribution Contact: office@remaxnewport.com
  • Property Information:Est Total Sq Ft: 2725
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Construction Type: Brick
  • Roof: Rubber

Garage/Parking

  • Total Parking Spaces: 50

Utilities

  • Green Building Features: Pole Sign, Fixtures, Display Window, Rest Rooms, Outside Storage, Handicap Equipped
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 46609.2
  • Additional Parcels Description: 276000005954007
  • Parcel #: 05954005

Tax Info

  • Tax Annual Amount: 9891.53
  • Tax Year: 2024

Map

Range of Values:

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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 $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 List to Sale Price per Sq Ft
10/04/2025 10/04/25 For Sale $525,000 -- $193 / 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 $232,000 Commercial
Source: Public Records

About the Listing Agent

Karen Sorenson

RE/MAX Newport

(262) 368-6906

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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: 1937987

Metro MLS

APN: 276-000005954005