REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Anna Maria DeRango • DeRango Real Estate Services
$ 1,250,000
Est. payment | /mo
15,000 SqFt
$ 1,250,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $83
MLS Listing ID 1982376
Year Built 1972
Annual Tax Amount $7,154
Tax Year 2025
Lot Size 1.290 Acres
Acres 1.29
Lot Dimensions Irregular
Property Description
INVESTMENT OPPORTUNITY! Acquire a fully occupied multi-tenant industrial complex in Raymond generating approximately $101,280 in annual base rental income and an estimated NOI of $93,780. Two established tenants provide immediate cash flow, including a long-term tenant with lease term extending into 2034. Tenants pay their own utilities, with additional operating expenses reimbursed pursuant to lease terms, helping minimize landlord exposure. This income-producing asset offers an attractive combination of strong existing cash flow, long-term tenancy and future rent growth. An excellent opportunity for investors seeking a stabilized industrial property in Racine County with dependable income and long-term upside. Call for a tour today!
Location
State WI
County Racine
Zoning B-3
Rooms
Basement None
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Steel Siding
Garage Spaces 12.0
Roof Type Rubber
Building
Water Holding Tank, Private Shared Well
Copyright 2026 – Multiple Listing Service, Inc. – All Rights Reserved
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "