212 4th St, Racine, WI 53403
OFFICE For SaleFloors: 2
Class: B
| Space | Size | Type | Pricing |
|---|---|---|---|
| Journal Times Buildings For Sale or Lease | SALE | $5,500,000.00 |
Tami Gemmell Swanto - NAI Pfefferle
PHONE: 4149164252
PHONE: 4144243704
• 63,000 SF masonry building – Zoned B4 (office/retail) – The Journal Times Building • Additional 7,000 SF masonry building across the street on the Root River with overhead doors and 50 Parking Spaces • Property is multi-tenant occupied • NOI: $494,442.50 • Cap Rate: 8.99% • Flexible use: owner/user, leaseback, investment, or return to manufacturing facility • Strong investment/1031 exchange opportunity