Downtown Geneva Retail/Office

316 Franklin St. Geneva, IL 60134

316 Franklin St., Geneva, IL, 60134
316 Franklin St., Geneva, IL, 60134
FOR LEASE
Property Type:
Street Retail
Last Verified:
Feb 19, 2020

Highlights

  • Downtown Geneva Just Off Third Street
  • Walk to Metra Train
  • Public Parking Behind Building

Description

Main floor retail/office location in the heart of Geneva's unique downtown shopping district. In refurbished historic building. Second floor is being converted into an apartment, making live/work a possibility. NOTE: Geneva requires a municipal change of tenant fee.

In the Third Street shopping district in downtown Geneva. Just west of Graham's Chocolates. State Street (Rt. 38) to Third Street, south to Franklin, 100 ft west to 316 on south side of street. 3 1/2 blocks to Metra train. Public parking lot behind building.


Year Built: 1920
Building Size: 2440.0sq ft
Building Class: B
Lot Size: 0.0 acres

Units for Lease

1 - Main Level
Space Available: 1510 SF
Lease Type: NNN

Price Per Sqft/Year: $18.25

Map of 316 Franklin St., Geneva, IL, 60134

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.