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428 W State St 2,068 SF 100% Leased Retail Building Geneva, IL 60134 $1,100,000 ($531.91/SF)
INVESTMENT HIGHLIGHTS
- Downtown Commercial Mixed Use
- Private parking Lot & Additional Parking Off 5th
- High Exposure from State Street
- Close to public transportation
EXECUTIVE SUMMARY
Commercial Building in Downtown Geneva is ready for your Business Plan or would make a great Investment/ Redevelopment project~Mixed Use Free Standing Building with Private Parking Lot~This 2100 Sq Ft Iconic building is the perfect mix of Historic Geneva Charm with soaring ceilings, gorgeous original woodwork & flexibility to add modern ammenities for your business concept~ Currently Home to an Interior and Landscape design firm, reflects no cap rate as it has been owner occupied~Would make a great retail, restaurant (outdoor seating allowed for el fresco dining), office, winery, specialty food shop, mixed use, design space/ interior design showroom~ Possibility to expand parking off 5th street to utilize pivate parking lot for another use or add parking for customers
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,068 SF
Building Class
B
Year Built
1898
Price
$1,100,000
Price Per SF
$531.91
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.20 AC
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 12-03-412-001 | Improvements Assessment | $98,297 |
| Land Assessment | $52,588 | Total Assessment | $150,885 |
PROPERTY TAXES
Parcel Number
12-03-412-001
Land Assessment
$52,588
Improvements Assessment
$98,297
Total Assessment
$150,885
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Presented by
Realty Group Marino, Inc
428 W State St
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