3,731 Square Foot Retail Space For Sale @ 217 South 3rd Street, Geneva, IL 60134

217 South 3rd Street, Geneva, IL 60134

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Neil J.

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Photo of 217 South 3rd Street, Geneva, IL 60134

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Listing Details

Fully leased retail/office building. A unique downtown suburban investment property with strong walk by retail traffic. Four retail & office tenants. The property is surrounded by numerous retail shops and restaurants. All tenants have recently renewed leases with three year terms. Tenants pay for heat. Significant upside potential in future lease renewals. Purchase includes an additional parcel that currently is a driveway approximately 1,200 SF which could be retained or sold in the future. 2014 Taxes: $16,717.

Sales Info:
■ Commision split: 2.5%

Location Description:
In the heart of Geneva's Third Street shopping district, just three blocks south of of State Street (Rt 38) and three blocks north of the Metra rail station. Just north of the Berry House and directly across from Cocoon. One block to Kane County Courthouse.

Highlights:
■ Strong downtown Geneva location
■ 3,731 retail/office building
■ Fully occupied with 4 tenants
■ Extra 1,200 SF Lot included
■ 3 blocks from State St (Rt 38) & Metra
■ Great walking traffic
■ Vibrant retail and restaurant area

Pricing: $800,000

Availability: Now

Listing ID: 775229

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Sale Price: $800,000

Size: 3,731 square feet

Type: Retail Space

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