840 Lake Ave
Racine, WI. 53403

Listing Broker: DeRango Real Estate Services
Showing Broker: Milwaukee Realty Inc. (414-975-9059)
Schedule Showing: 414-224-7200
Condominium: Commercial

$1,295,000   |   Beds   |   0 Baths   |   18,984 Sqft.                      
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Directions: Main Street to 8th, East on 8th Street to address.

Days on Market:
46
MLS #:
1979567
Listing Price:
$1,295,000
Taxes:
$33,078 in 2025
Lot Size:
1.06 acres
Total SQFT:
18,984 Square Feet
Price Per SQFT:
$68.22 / SQFT
# Rooms:
Rooms
Bedrooms:
Bedroom
Bathrooms:
Full + Half
Year Built:
1974
Garage Spaces:
0 Spaces
Garage Type:
Municipality:
in Racine WI.
School District:
School District
County:
in Racine County WI

STABILIZED LAKEFRONT INVESTMENT! A compelling opportunity to acquire a fully occupied, income-producing office asset in a highly desirable Lake Michigan location. Generating $178,538.16 in gross annual income and offering an attractive 7.07 CAP rate, this well-maintained 3 story property features ample off-street parking and a strategic location near Downtown Racine's Courthouse and City Hall. The Lake Forum Building offers approx. 19,000 SF of established tenancy, quality ADA compliant professional office space with Elevator. A beneficial addition to an established portfolio or an excellent opportunity to acquire a stabilized commercial asset with income in place. Call today for your private tour!

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Listing Broker: DeRango Real Estate Services.
Offering Broker: Milwaukee Realty Inc.
Schedule Showing: 414-224-7200

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