Venenga SpiessTeam
(608) 220-8584

840 Lake Avenue, Racine, WI 53403

$1,295,000
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  • 840 Lake Avenue, Racine, WI 53403 Main Photo

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New to the Market Active
SQUARE FEET18,984 MLS#1979567
STATUSActive PROPERTY TYPECommercial - Business
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Listing Courtesy of: DeRango Real Estate Services
Agency Phone: 2629896520
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Property Description

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!

840 Lake Avenue | MLS# 1979567

This commercial property located at 840 Lake Avenue, Racine, WI 53403 is currently listed for sale with an asking price of $1,295,000. Search Racine real estate on vsteam.starkhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Lot Size: 1.06 Acres
Roof Type: Rubber/Membrane
Taxes: $33,077
Year Built: 1974

Feature Descriptions

Basement: Full
Building: Free Standing
Ceiling Height: 8 - 10 feet
Commercial Features: Carpeting, Elevator(s), Passenger Elevator, Security Equipment
Data Source: WIREX_METRO
Exterior: Brick, Brick/Stone, Stone
Heating/Cooling: Hot Water/Steam
Real Estate Included: Yes
Security: yes
Total Parking Spaces: 66.0
Water/Waste: Municipal Sewer, Municipal Water

Listed By / Shown By

Listed By

Agency Name: DeRango Real Estate Services
Agency Phone: 2629896520

Shown By

Agent Name: Venenga Spiess Team
Agent Phone: (608) 220-8584
Agency Title: Stark Company Realtors

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1625 West Main Street
Sun Prairie, WI 53590
(608) 220-8584
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/08/2026. The listing information on this page last changed on 09/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/08/2026 12:00:06 AM EST) or SCWMLS (last updated Mon 09/07/2026 11:54:50 PM EST) or Wirex (last updated Mon 09/07/2026 11:55:23 PM EST). Real estate listings held by brokerage firms other than Stark Company Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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