Available For Sale - Retail

3,960 SF | Show Pricing $

AVAILABILITY DETAILS

Size
3,960 SF
Price/SF
Show Pricing $
Listing ID
SA470145
Notes
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
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Neil Johnson, SVN | Landmark Commercial Real Estate
BRE# 471.012919