201 Geneva National Ave S new

Geneva,WI 53147

$ 1400000

- Bed

- Bath

4000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $350

MLS Listing ID 1919071

Year Built 2001

Annual Tax Amount $8,430

Tax Year 2024

Lot Size 4.510 Acres

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

Interior

Heating Central Air,Forced Air,Natural Gas

Cooling Central Air,Forced Air,Natural Gas

Flooring No

Exterior

Exterior Feature Partial-Stone,Wood

Garage Spaces 12.0

Roof Type Composition

Building

Water Community Shared Well,Municipal Sewer

Others

Special Listing Condition 1031 Exchange

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