401 Geneva National Ave S 59-2

Geneva, WI 53147 Directions
8190SqFt
1950Built
$6Rent/SqFt
$52,224Sched Inc
Commercial/IndustrialProperty Type

Property Highlights

MLS: 1501997

Status: Active

For Sale/Lease: Sale Only

Road Frontage: Frontage Road to Hwy, High Visibility, Paved Road, Private Road

Zoning: B-5

County: Walworth

Michael Pfammatter

Real Estate Broker Licensed in Wisconsin & Illinois e-PRO Buyers Agent
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Listing Agent

Ruta Syverson

Broker Associate
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Excellent opportunity for investors near Lake Geneva. Unique 8190 SF commercial space with wide array of possible uses. Converted Barn currently configured as elegant retail sales center, bright and open office space, and loft storage. High traffic count and good visibility to Highway 50. Abundant parking. Purchase can include a lucrative 5-year lease back to seller. Can be purchased with other adjacent commercial properties. Located in the Geneva National Business Center Condominium, behind which is an 1800-acre residential conservancy built around 3 golf courses.

Interior Features

Avg Ceiling Height: 8'-10'

Basement: None

Exterior Features

Exterior: Partial-Stone, Stone

Flood Plain: No

Location: Free Standing, Other

Roofing: Composition

Additional Information

# of Stories: 2

Com/Bus/Lnd: Commercial

Gross Operating Inc.: $52,224

Miscellaneous: 220 Volt Power, Carpeting, Handicap Access, Inside Storage, Office(s), Paneling, Rest Rooms

Net Operating Income: $52,224

Occ Permit Required: N

Occupied: Not Vacant, Owner Lease Back

Taxes: $5,856

Truck Door Height: No Truck Door

Water/Waste: Mun. Shared Well, Municipal Sewer

Occupancy: 91 Days or more, See Listing Broker

Sale Includes:

Listing Company: Keefe Real Estate, Inc. - Lake Geneva

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Michael Pfammatter

Real Estate Broker Licensed in Wisconsin & Illinois e-PRO Buyers Agent
Contact Agent View Profile
Listing Agent

Ruta Syverson

Broker Associate
Contact Agent View Profile

Local Info

City Snapshot Geneva, WI

Average Days on Market
Commercial/Industrial
159
91.56% since November 2017
Units sold
October 2017
16
--15.78% since September 2017
Median Sale Price
October 2017 - Commercial/Industrial
155K
-37.75% since September 2017
Percentage of Asking Price
October 2017 - Commercial/Industrial
97%
+0.13% since September 2017