Retail Space For Lease @ 219-221 W State Street

Single-story retail building located in the heart of downtown Geneva. One space was recently leased to a high-end optical products shop due to open by year end. The other space is available for an owner-user or to lease. If fully leased at market rents, the property would be at approximately an 8% cap rate.

This well-built, 1925 commercial building features a brick facade and prominent display windows. The two 1,980 sf shop spaces feature large front showrooms, newer hardwood floors and 12 ft-high original tin ceilings. Basement space provides additional storage. Rear entrances at alley for deliveries. Est. operating expenses $7.15/sf. 2020 Taxes: $17,347 This space offers accomodations for: street retail.