237 E Main St - Storefront Retail/Office FOR SALE


Barrington, IL 60010
$475,000 USD
847-858-2909
237 E Main St, Barrington, IL for Sale
$475,000 USD
Storefront Retail/Office - FOR SALE
1/23
null | Request Cap Rate

237 E Main St
Barrington, IL 60010


HIGHLIGHTS

  • Prime Downtown Location: Highly visible in downtown Barrington.
  • Flexible Units: Potential for unit division for additional rental income.
  • Ample Parking: Ten spots plus nearby village lot by permit.
  • Well-Maintained: All-brick property with structural integrity.
  • Established Tenant: "Grand Frame" with a stable 4-year lease remaining.

OVERVIEW

Seize the opportunity to own a highly visible retail/office building in the bustling heart of downtown Barrington. This well-maintained, all-brick property offers flexibility and high foot traffic, making it perfect for service or retail businesses. The building currently features two units: a 1,546 SF unit on the main floor, which is owner-occupied and will be vacant upon closing, and a 620 SF unit leased to "Grand Frame" with four years remaining on their lease. Additionally, there is a 400 SF unit on the second floor. The 1,546 SF unit has the potential to be divided, allowing for a third unit if desired. The property includes ten convenient parking spots in front of the building, with additional parking available in a nearby village-owned lot by permit. Its prime downtown location ensures exceptional visibility, attracting attention from both pedestrians and drivers. This property's strategic location and structural integrity offer a unique opportunity for investors and business owners alike. Don't miss out on this prime downtown Barrington location.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B-5

APN/PARCEL ID

01-01-103-001-0000

ASK ABOUT THIS PROPERTY

Jason BittonRemax CommercialMore Info
847-858-2909

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Jason BittonRemax CommercialMore Info
847-858-2909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.