409 Main St, Racine, WI 53403 | MLS #1951097 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Coldwell Banker RealtyMetro MLS- MLS# 1951097MLS Provider

409 Main StRacine, WI 53403

Commercial · 4,030 Sq. ft. | 0.11 Acres
$350,000 Active

409 Main St Overview

Time on Site:
129 days
Visits:
69

409 Main Street is a rare downtown investment opportunity with modern upgrades and future upside, current rents are under market. The striking facade was refreshed in 2021, giving this historic property instant curb appeal. The versatile commercial space was fully rehabbed in 2019, and above, a one-bedroom apartment was completely updated in 2025. Plans and architectural drawings are completed to add an additional one-bedroom unit on the 3rd floor, unlocking even more income potential. The lot runs from Main St to Lake St, with off street parking in the rear. A full basement with no known leaks per owner adds valuable storage or future development space. Perfect for owner-operator, investor, or mixed-use visionaries.

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409 Main St Facts & Features

  • Type Commercial
  • Sq. ft. 4,030
  • Price/Sq.ft. $87
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Operating Expense Includes: None

Listing Information

  • Concessions: No

Building Information

  • Year Built: 1860

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

Tax Information

  • Tax Annual Amount: 5008
  • Tax Year: 2025

General Information

  • Exclusions: Tenant's and seller's personal property.
  • Inclusions: Stove and refrigerator in apartment
  • Parcel Number: 00162000
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: B4/Commercial

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 4030

General Information

  • Basement: Full,Brick
  • Building Features: Display Window,Inside Storage,Living Space Avail
  • Living Area Source: Public Records

Exterior

Parking Information

  • Parking Total: 6

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Road Frontage Type: State Road
  • Sewer: Municipal Sewer

409 Main St Neighborhood

Community

53403 (Racine) Demographics

34
Median Age
1,991
Population Density (per sq. mile)
32%
College Educated
$41,157
Estimated Median Income
4,974
Estimated Total Home Owners
5,432
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

409 Main St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

409 Main St Market Data

Based on the last 30 days in this zip code

$378,021
Average List Price
$190
Average Price per Square Foot
18
Properties Sold
49
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

409 Main St History

Date Event Value Agent
3/11/2026Source: Metro MLS Status Change
Closed
3/11/2026Source: Metro MLS Status Change
Closed
2/20/2026Source: Metro MLS Added to Database
February 20, 2026
7/28/2025Source: Metro MLS Added to Database
December 09, 2022
7/28/2025Source: Metro MLS Added to Database
December 09, 2022