Historic Downtown Live-Work Asset. Unlock incredible value in downtown Racine with this turnkey 1875 brick landmark. A proven performer, this property generated $39,000/year gross income from August 2024 to July 2026, delivering an impressive 11.85 cap rate. The first floor features prime commercial retail or office space with soaring 15-foot ceilings and high-visibility display windows directly on Main Street. Upstairs, discover a luxury residential loft apartment complete with high-end finishes and beautiful lake views. With current leases expiring July 31, 2026, this is the perfect window for an owner-occupant to move right in and start operating or for a savvy investor to reset market rents. Enjoy being fully walkable to the local marina, Lake Michigan beaches, and Monument Square.