214 S 1st St - Retail FOR SALE


St Charles, IL 60174
$1,525,000 USD
630-251-7467
214 S 1st St, St Charles, IL for Sale
$1,525,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

214 S 1st St
St Charles, IL 60174


HIGHLIGHTS

  • Prime Downtown Location
  • Fully Leased with Quality Tenants

OVERVIEW

Attention-grabbing Opportunity on the South First Street commercial corridor in downtown Saint Charles! Four-Unit Historical Commercial property- fully leased with quality tenants including Arcedium Coffee House (this is where community meets), Fox Valley Cleaners, Bang Bang Salon, and Rosie's Color Salon. 8,473 SQFT in 3 buildings on a 14,100 SF site at the NEC of South First and Indiana Streets. This is where potential abounds, with the new Whole Foods replacing the Blue Goose and set to open early spring 2025, along with other businesses including Mio Modo (Francesca's), Brunch Cafe, moto imoto Asian Kitchen, the 5-story parking deck, Sterling Bank, Vintage 53 Wine Bar, Club Pilates, Kilwins Chocolates, Alter Brewing, ZaZa's Italian Trattoria, Gia Mia Pizza, McNally's Pub, Coroco Coffee, Eden's Events, historic Baker Hotel, Arcada Theater, million dollar residential condos, and many other successful businesses. This is where the TriCities are HAPPENING!!! St. Charles is a wonderful place to BE and will be for a long time. This is a leased-fee opportunity. The historical property will be sold subject to the existing leases, which extend for several years. Financial information will be shared with serious buyers. Call Listing agents for more information. Please do not engage/disturb tenants. Both salons are within the Fox River flood plain and require flood insurance. There is a recorded NFR Letter on file. Financial information upon request.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

214-216 S 1st Street

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CBD-1

APN/PARCEL ID

-

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.