April 11, 2009

Property Transfers: Family Dollar Store sells for $600K

The Family Dollar Store at 3919 Washington Ave. in Racine sold for $600,000.

The 16,500 square-foot store has a net operating income of $68,425, according to a property listing. It also includes a PayDay Loan and an apartment upstairs.

Acumen Design-Build LLC, of Racine, sold its building at 2501 Eaton Lane for $533,000. There's no indication where the business moved.

The highest-priced home sale of the week was in Waterford, where a five-bedroom house at 6422 Blue Heron Pointe Drive sold for $600,000.

The highest-priced Racine home sold was at 1632 Michigan Boulevard. It went for $212,000 after being listed at $342,000.

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