




18,984 sqft
$1,295,000
840 Lake AVENUE, Racine WI, 53403
Price per sqft$68.22
Built in1974
Property size18,984 sqft
Property typeCommercial
Courtesy of DeRango Real Estate Services, Anna Maria DeRango
Overview
Active
Listed Sep 8, 2026
Updated 3 weeks ago
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!
Other Property Details
- Taxes
- $33,078
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of DeRango Real Estate Services, Anna Maria DeRango
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