For Sale
$1,295,000

214 Broad StLake Geneva, WI 53147

Thriving business, prime Lake Geneva location. High traffic, 8,892 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional opportunity to acquire a highly profitable, established business in the heart of Lake Geneva, Wisconsin. This Class A, 8,892 square foot storefront, located at 214 Broad St, is situated on a high-traffic corner, benefiting from nearly 11,000 daily drivers and significant pedestrian traffic. The property features a single-story building constructed in 1979, with a permitted Business zoning. The building boasts large windows, ample shelf and display space, and abundant lighting, contributing to its exceptional profitability. A significant advantage is the inclusion of a 7,300 square foot basement, providing extensive storage and operational space. Convenient exterior delivery doors and one designated parking space further enhance the property's functionality. This net-leased property offers 100% occupancy and is currently available for sale at $1,295,000 ($145.64/sq ft). The property's size and location are unparalleled within Lake Geneva, presenting a truly unique investment opportunity. This is a single-tenancy property with no remaining lease term.

Highlights

  • $1,295,000 asking price for this Class A, 8,892 square foot retail storefront.
  • Located at 214 Broad St, Lake Geneva, WI 53147.
  • Net lease (NNN) investment opportunity with 100% occupancy.
  • Single-tenant building, built in 1979, with one story and one parking space.
  • $145.64 per square foot; 0% cap rate (property is currently occupied, cap rate is not applicable).
  • Business zoning.

Property Details for 214 Broad St

Property type
Retail properties, Retail space
Square Feet
8,892 SF
Class
A
Year Built
1979
Buildings
1
Stories
1

Location Insight

City
Lake Geneva
County
Walworth
State
Wisconsin
Latitude
42.5920406
Longitude
-88.4357315
214 Broad St, Lake Geneva, Wisconsin

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214 Broad St
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