6
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$750,000
Est. payment /mo
1,760 SqFt
Price Dropped by $15K
131 S Batavia AVE Batavia, IL 60510
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UPDATED:
12/21/2024 06:46 PM
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $426
MLS Listing ID 12077398
Annual Tax Amount $10,819
Tax Year 2022
Lot Dimensions 3360 SQ FT
Property Description
Exceptional Investment Opportunity: Charlie Fox Pizzeria - Business & Building for Sale Price: $765,000 Location: 131 S Batavia Ave, Batavia, IL Discover an outstanding opportunity to own a well-established, highly profitable business and property in the heart of Batavia, IL. Charlie Fox Pizzeria, a beloved community staple, has been serving delicious meals for over 15 years, building a loyal customer base and consistent profitability. Property Highlights: Cap Rate: 8.39% (potential to exceed 15% with hands-on management) Mixed-Use Building: Includes a storefront on Batavia's bustling main street and a leased residential apartment generating additional income. Prime Location: High visibility in a vibrant locality with excellent foot and vehicular traffic, ensuring steady income flow. Business Features: Turnkey Operation: Established pizzeria with a proven track record of profitability. Strong Community Presence: A trusted name with over a decade of excellent service and a loyal clientele. Growth Potential: With direct supervision and strategic marketing, this business offers significant upside in revenue and profitability. This rare offering combines the reliability of a successful business with the security of real estate investment. Whether you're an experienced investor or an aspiring entrepreneur, Charlie Fox Pizzeria provides a compelling opportunity for immediate cash flow and long-term value growth. Contact Today! Don't miss out on this exceptional investment. Schedule your tour and secure this prime property and business in one of Batavia's most desirable locations.
Location
State IL
County Kane
Area Batavia
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Pradeep Shukla • American Star Realty
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