Retail Space For Lease @ 219 W State St

Fully-leased. Vintage 2-unit retail building located in the heart of downtown Geneva. One space is occupied by "Blinka", a high-end optical shop. The other space is occupied by "Exchange of Geneva", a children's consignment shop. Gross leases. The cap rate will be approx. 8.34% effective Oct 2022. PLEASE DO NOT DISTURB TENANTS OR CUSTOMERS

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. 2021 Taxes: $17,534 This space offers accomodations for: street retail.