- For Sale Auction Sale
- Property Type Other
- Property Size 28,890 SF
- Units 68
- Additional Rent Contact for pricing
- Year Built 1991
- Year Renovated 2013
- Date Updated Dec 10, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Fee simple interest in the institutionally owned 62-room Fairfield Inn in Racine, Wisconsin
- Available for purchase in the January 23rd auction event via Ten-X
- Offered as part of a four-property portfolio, with all properties being sold individually
- Offered unencumbered by management and debt and a significant discount to replacement cost
- Offered unencumbered by brand, with a variety of alternative branding options available for conversion
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management
- Easily accessible from, and highly visible along, the heavily trafficked Washington Avenue corridor, with over 7,000 vehicles passing daily
- Located within five miles of Racine’s five largest employers: SC Johnson & Son, Modine Manufacturing, CCB Technology, Johnson Financial Group, and Johnson Outdoors
- Readily accessible to all local leisure demand drivers, including downtown Racine, the Racine Art Museum, and the Lake Michigan lakefront and beaches
- Opportune time to invest in Racine County, with Microsoft's recent announcement of a $3.3 billion planned AI infrastructure investment—one of the largest private-sector investments in Wisconsin’s history
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Contacts
Location
Getting Around
-
Walk Score ®
51/100 Somewhat Walkable -
Bike Score ®
42/100 Somewhat Bikeable
- City Racine, WI
- Neighborhood Farmington
- Zip Code 53406
- Market Milwaukee
Points of Interest
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Sturtevant
2.38 miles
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54th Street & 8th Avenue
9.32 miles
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54th Street & 6th Avenue
9.32 miles
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54th Street & 5th Avenue
9.33 miles
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54th Street & 4th Avenue
9.33 miles
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Kenosha
9.33 miles
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54th Street & 3rd Avenue
9.34 miles
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11th Avenue & 54th Street
9.34 miles
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54th Street & 2nd Avenue
9.34 miles
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Celebration Place
9.43 miles
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Speedway
0.17 miles
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Kwik Trip
0.21 miles
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Mobil
1.42 miles
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Citgo Gas and Food Mart
2.95 miles
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BP
3.02 miles
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FF PETRO
3.27 miles
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700 Park-Villa Lot
3.74 miles
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Shoop Public Parking Ramp
3.92 miles
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McMynn Parking Ramp
3.95 miles
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Lot B
3.98 miles
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Lake Avenue Ramp
3.98 miles
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Lot A
3.99 miles
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Civic Centre Public Ramp
4.02 miles
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Lot D
4.05 miles
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Lot C
4.06 miles
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semi parking
4.68 miles
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Fairfield Inn
0.01 miles
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Comfort Inn
0.44 miles
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Racine Marriott
0.49 miles
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Knights Inn Racine
0.56 miles
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Super 8 by Wyndham Racine
0.61 miles
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America's Best Value Inn
1.72 miles
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Riverside Inn
2.96 miles
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Christmas House Bed and Breakfast
3.93 miles
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Lochnaiar Inn
3.97 miles
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Harbourwalk Hotel - Racine
4.12 miles
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Jose's Blue Sombrero
0.08 miles
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The Grill
0.12 miles
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Rocky Rococo
0.17 miles
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McDonald's
0.19 miles
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Mike and Angelo's
0.21 miles
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Subway
0.22 miles
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DeRango's Pizza
0.23 miles
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Dunkin'
0.28 miles
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The Summit
0.29 miles
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Firehouse Subs
0.31 miles
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West Ridge Elementary School
0.30 miles
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Jerome I. Case High School
0.65 miles
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Starbuck K-8 School
1.16 miles
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Racine Christian School
1.24 miles
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Goodland Elementary School
1.28 miles
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Barlett School
1.63 miles
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S.C. Johnson Elementary School
1.91 miles
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N.D. Fratt Elementary School
1.93 miles
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Schulte Elementary School
2.35 miles
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Knapp Elementary School
2.46 miles
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KinderCare
5.10 miles
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My Little School House
9.74 miles
Frequently Asked Questions
The sale price for Fairfield Inn Racine, WI is available upon request. Contact the listing broker for more information.
Fairfield Inn Racine, WI totals 28,890 square feet.
Fairfield Inn Racine, WI was built in 1991.
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Alchemy Real Estate Advisors (AREA)