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Additional details
Listed by Karl Brien • RE/MAX Lakeside-South
$1,400,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $350
Municipality GENEVA
MLS Listing ID 1919071
Year Built 2001
Annual Tax Amount $8,430
Tax Year 2024
Lot Size 4.510 Acres
Acres 4.51
Property Description
Excellent investment opportunity in Geneva National Business Center Condominium. Currently leased to long term tenants Geneva Cabinets and Bella Tile and Stone. Tenants pay for condominium assessments which includes sewer and water. Tenants also pay for common area maintenance and property taxes. Currently offered at a 7.4 cap rate providing a great return on investment. This building is ready for a new owner and is in pristine condition. High traffic count and great visibility off of highway 50 and ample parking.
Location
State WI
County Walworth
Zoning B5
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Inclusions NA
Exterior
Exterior Feature Partial-Stone, Wood
Garage Spaces 12.0
Parking On Site 12
Roof Type Composition/Fiberglass
Building
Sewer Municipal Shared Well, Shared Well, Municipal Sewer
New Construction N
Others
Acceptable Financing Exchange
Listing Terms Exchange
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