237 Main StBarrington, IL 60010

This Class A, 2,200 square foot retail/office building in downtown Barrington, IL is a fantastic investment opportunity. Located at 237 E Main St, this single-building property sits on a 0.104-acre lot and boasts a prime location with high visibility and foot traffic. Built in 1956 and extensively renovated in 2022, the building features two units: a 1,546 square foot main floor unit (currently owner-occupied, vacant upon closing) and a 620 square foot unit leased to Grand Frame with four years remaining on their lease. There's also a 400 square foot unit on the second floor. The main floor unit offers the potential for division, creating a third rental unit. Ten convenient parking spaces are located directly in front of the building, with additional parking available via permit in a nearby village-owned lot. The property is zoned B-5 and offers a gross lease type. The asking price is $475,000, with a price per square foot of $215.91. The net rentable square footage is 1,600 square feet, and current occupancy is 30%. This property presents a unique opportunity for owner-users or investors seeking a high-visibility, well-maintained retail or service business location in a thriving downtown area. The property's strong location and flexible layout make it an ideal investment for those seeking a high-return opportunity in a desirable market. The APN is 01011030010000.