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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Sold
Purchase Type For Sale
Square Footage 11,280 sqft
Price per Sqft $132
MLS Listing ID 145253
Sold Date 12/01/22
Year Built 1940
Property Sub-Type COMMERCIAL
Property Description
Incredible opportunity to invest in one of the top tourist destinations across the state of Illinois! Located on N Main St in Galena IL this building sits among some of the area's best restaurants and shopping experiences with one of them being home of "The Galena Brewery" who occupies the main floor. The 2nd floor offers endless opportunities that make this building the perfect long term investment! Upstairs currently holds one AirBnB license and will soon be moved from the existing 1BD apartment to a brand new remodeled 3 bedroom unit. The owners are close to a 2nd AirBnB license and will then be able to offer a 3 bedroom 1 bath AirBnB as well as a 1 bedroom 1 bath AirBnB. There is a 3rd unit that is leased long term that offers 1 bedroom & 1 bath. This one is certainly worth checking out!
Location
State IL
County Jo Daviess
Area Illinois
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air, Window Unit
Flooring Concrete, Other
Exterior
Roof Type Flat
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Ruhl & Ruhl Realtors