101 S Batavia Ave - Retail FOR SALE


Batavia, IL 60510
$349,000 USD
630-251-7467
101 S Batavia Ave, Batavia, IL for Sale
$349,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

101 S Batavia Ave
Batavia, IL 60510


OVERVIEW

BIG PRICE DROP!! Calling for offers. Downtown corner available FOR SALE in Batavia's central business district. Site is approx. 93' on Batavia Ave by 153' on 1st St totaling 14,250sf and was a post-war gas station, a former liquor store and is currently vacant pending redevelopment. Typical of downtown commercial buildings, this property is part of a "row" of commercial buildings occupied by small businesses, extending along the west side of Batavia Avenue, 1st Street to Main Street. The owner and the city are interested in "partnering" with a suitable buyer, so that all parties- shareholders and stakeholders alike, can reflect proudly on this property's next downtown life. Traffic counts along Batavia Avenue between Houston and Main Streets are between 15,000 and 18,000 VPD. The property is within the downtown TIF#3 district, the historic preservation district, and the special service area (SSA 62). The TIF#3 could provide limited financial assistance for a new development on a case-by-case basis. The financial obligations for SSA 62 and the TIF are listed on the tax bill and total approximately $2,500 per year. The visibility is excellent with this corner site. Good commercial design and planning will create something very special and lasting. Call listing agents for more information.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,109 SF

ZONING

DMU

APN/PARCEL ID

12-22-182-010

ASK ABOUT THIS PROPERTY

Mark ColemanColeman Land CompanyMore Info
630-251-7467

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Mark ColemanColeman Land CompanyMore Info
630-251-7467

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.