Racine, WI Commercial Real Estate for Lease and Sale

Explore 24 listings of Racine commercial real estate for lease and for sale to find the best space for your business.

Retail Space For Lease at Belle City Square

2200 Northwestern Ave, Ridgewood - Kurwick Estates, Racine, WI
Property

Retail
Availability

1 Space

17,592 SF
For Lease Contact for pricing
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Regency Point

2308-2406 South Green Bay Road, Regency Mall, Racine, WI
Property

Retail

163,252 SF
Availability

4 Spaces

9,882 SF
For Lease Contact for pricing
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One Main Centre

1 Main Street, Downtown Racine, Racine, WI
Property

Office

41,544 SF
Availability

6 Spaces

15,387 SF
Year Built

2000
For Lease

$18.00/SF/YR
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2005 Lathrop Ave

2005 Lathrop Ave, Walker, Racine, WI
Property

Retail

16,802 SF
Availability

3 Spaces

26,594 SF
Year Built

1958
For Lease

$8.00 - $12.00/SF/YR
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4701 Washington Avenue

4701 Washington Avenue, Highland Village - Marboro Heights, Racine, WI
Property

Office

29,244 SF
Availability

3 Spaces

4,735 SF
Year Built

1984
For Lease

$14.00/SF/YR
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614 6th Street Racine

614 6th Street Racine, Downtown Racine, Racine, WI
Property

Retail

1,680 SF
Availability

1 Space

1,680 SF
Year Built

1928
For Lease

$8.50/SF/YR
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Racine Outlot Opportunity

South Green Bay Road, Roosevelt - Skyline Village, Mount Pleasant, WI
Property

Retail
Availability

1 Space

0.97 Acre
For Lease Contact for pricing
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1730 State Street

1730 State Street, North Clover, Racine, WI
Property

Retail

5,260 SF
Availability

1 Space

2,200 SF
Year Built

1970
For Lease

$10.00/SF/YR
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123O Perry Avenue

123O Perry Avenue, Regency East, Racine, WI
Property

VacantLand

96,061 SF
For Sale Contact for pricing
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Mount Pleasant Lot 3

Mount Pleasant, Morey - Hamilton's, Mount Pleasant, WI
Property

VacantLand
For Sale

$80,000/Acre
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3429-3441 Spring Street

3429-3441 Spring Street, Westown Heights, Racine, WI
Property

Retail
Availability

1 Space

1,562 SF
Year Built

1966
For Lease Contact for pricing
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5310 Washington Avenue

5310 Washington Ave, Westwood Village, Racine, WI
Property

Retail

44,605.44 SF
Availability

1 Space

44,605.44 SF
For Lease

$70,000.00/MO
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5626 21st Street

5626 21st Street, Regency Mall, Racine, WI
Property

Industrial

100,449 SF
Availability

2 Spaces

20,675 SF
Year Built

1920
For Lease

$6.50/SF/YR
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Mount Pleasant Lot 6

Mount Pleasant, Morey - Hamilton's, Mount Pleasant, WI
Property

VacantLand
For Sale

$90,000/Acre
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601 Lake Ave

601 Lake Ave, Downtown Racine, Racine, WI
Property

Office

27,000 SF
Availability

3 Spaces

14,371 SF
For Lease

$12.00/SF/YR
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Mount Pleasant Lot 1B

Mount pleasant, Roosevelt - Skyline Village, Mount Pleasant, WI
Property

VacantLand
For Sale

$125,000/Acre
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401 Wisconsin Ave

401 Wisconsin Ave, Downtown Racine, Racine, WI
Property

Office

45,000 SF
Year Built

1915
For Sale

$699,000
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5310 Washington Avenue

5310 Washington Avenue, Westwood Village, Racine, WI
Property

Retail

44,605.44 SF
For Sale

$800,000
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1220 Mound Ave

1220 Mound Ave, Sage's, Racine, WI
Property

Industrial

718,253 SF
Availability

8 Spaces

406,780 SF
Year Built

1937
For Lease Contact for pricing
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Multifamily, Senior Housing, or Retail Opportunity

4801 Washington Ave, Highland Village - Marboro Heights, Racine, WI
Property

Other
For Sale

$1,200,000
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Mount Pleasant Lot 2

Mount Pleasant, Morey - Hamilton's, Mount Pleasant, WI
Property

VacantLand
For Sale

$100,000
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Mount Pleasant Lot 1A

Mount Pleasant, Morey - Hamilton's, Mount Pleasant, WI
Property

VacantLand
For Sale

$100,000/Acre
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Mount Pleasant Lot 4

Mount Pleasant, Morey - Hamilton's, Mount Pleasant, WI
Property

VacantLand
For Sale

$90,000/Acre
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2015 Franklin Street

2015 Franklin Street, College - Michigan Shores, Racine, WI
Property

Other

23,285 SF
Year Built

1949
For Sale

$300,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Racine commercial real estate market incorporates 142,788 square feet of office space across 4 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Racine commercial real estate market includes 276,205 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Racine market, there is a total of 818,702 square feet of industrial property.

The listing inventory in Racine incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Racine is represented by Industrial space, which accounts for 427,455 square feet of available listings. Retail space available in Racine adds up to 144,707 square feet.

Meanwhile, most of the listings of commercial property for sale in Racine are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Racine is $15.64 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Racine can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Racine, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Racine is in the Downtown Racine neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Racine area.

Meanwhile, retail space opportunities are most abundant in the Regency Mall submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Sage's.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot. In particular, the property type commanding the highest lease rates in Racine was Office space.

The average size of a commercial property in Racine depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Racine, the average size of an office property is 35,697 square feet.
Retail properties here incorporate an average of 46,035 square feet.
Industrial space in Racine is in buildings that are, on average 409,351 square feet in size.

Racine, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Racine currently add up to 606,654 square feet. The market offers 3 active office listing(s), which amount to 34,493 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 144,706 square feet across 8 retail space(s). Industrial space for rent opportunities in Racine amount to 427,455 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	34,493
Retail	8	144,706
Industrial	2	427,455

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Racine, WI. Currently, there is 208,951 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	45,000
Retail	1	44,605
Other	9	119,346

Racine, WI Commercial Real Estate for Lease and Sale

Retail Space For Lease at Belle City Square

Regency Point

One Main Centre

2005 Lathrop Ave

4701 Washington Avenue

614 6th Street Racine

Racine Outlot Opportunity

1730 State Street

123O Perry Avenue

Mount Pleasant Lot 3

3429-3441 Spring Street

5310 Washington Avenue

5626 21st Street

Mount Pleasant Lot 6

601 Lake Ave

Mount Pleasant Lot 1B

401 Wisconsin Ave

5310 Washington Avenue

1220 Mound Ave

Multifamily, Senior Housing, or Retail Opportunity

Mount Pleasant Lot 2

Mount Pleasant Lot 1A

Mount Pleasant Lot 4

2015 Franklin Street

Frequently Asked Questions

Racine, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Racine, WI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Racine, WI?

What factors affect the price of commercial real estate in Racine, WI?

What is the average rent for commercial space in Racine, WI?

What are the best areas for commercial real estate in Racine, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Racine, WI?

Racine, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us