580 S River Street, Batavia, IL 60510
sale
$600,000
|
Other
Courtesy Of eXp Realty, LLC
This 3,600 SF single story, commercial building sits on a 0.57 acre lot and benefits from flexible LI-Light Industrial zoning, supporting a wide range of commercial and industrial uses. This is an ideal opportunity for investors seeking a low-maintenance, income producing asset in a growing commercial area with excellent accessibility and versatile use potential. Positioned within the high visibility South River Street Gateway corridor, the property enjoys strong demand and long-term stability. The property is fully occupied under a Modified NNN lease through April 2027, offering investors a dependable income stream with minimal landlord obligations. The tenant is responsible for utilities, interior maintenance and insurance, while the landlord covers property taxes and major structural components, including the roof and building systems. Recent office updates and well maintained building infrastructure further enhance its appeal, supporting both value retention and tenant satisfaction. The existing lease structure also provides potential for continued tenancy beyond 2027, adding an additional layer of investment security. A Prime investment opportunity in Batavia's expanding industrial corridor.
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Property Features
- Age: 41-50 Years Old
- Building Units: 1
- Exterior Type: Brick
- Exterior Type: Steel Siding
- Exterior Type: Aluminum Siding
- Floors: 1
- MLSID: 12766951
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