Listing courtesy of Melges Real Estate
Property Description
1201 Dr. MLK Drive is a prime investment property featuring a storefront on the ground level with a recently updated upper apartment. Both units are currently rented, making it a great income-generating property. Located in an up-and-coming area, this property benefits from being part of the Racine City King Project, which is a revitalization effort in the area. It is strategically situated near the $73 million new construction of the Dr. Martin Luther King Center, signaling significant future development and growth. This location offers excellent potential for long-term appreciation, making it an attractive investment and rental opportunity.
Features
: Central Air
: Full, Block, Poured Concrete, Walk Out/Outer Door, Brick
: Municipal Sewer
Address Map
US
WI
Racine
Racine
53404
Dr Martin Luther King
1201
Dr
W88° 12' 15.5''
N42° 44' 8.2''
Commercial
Additional Info
Only Real Estate Group
William Reyes Gonzalez
Additional Information
2025-11-24
179900
: Municipal Water
1200
: Brick, Aluminum Siding, Vinyl
Financial
3486.88
Listing Information
30952
Active
2025-11-24T18:35:15Z
MetroMLS
2025-11-24T18:34:34Z
40662
Commercial Sale For Sale
1201 Dr Martin Luther King Dr, Racine, Wisconsin 53404
0.06 Acre
$178,000
Listing ID #1908142
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 1908142
Price : $178,000
Year Built : 1936
Lot Area : 0.06 Acre
Listing Status : Active
Property Sub Type : Commercial/Industrial
Roof : Tar/Gravel
Agent info
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