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Listed by RE/MAX Lakeside-South
$ 1,400,000
Est. payment /mo
Active
201 Geneva National Ave S Geneva, WI 53147
4,000 SqFt
UPDATED:
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
Acres 4.51
Lot Dimensions Condos
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
Rooms
Basement None
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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