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$895,000
Est. payment /mo
4,848 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,848 sqft
Price per Sqft $184
MLS Listing ID 201773
Annual Tax Amount $13,671
Tax Year 2024
Lot Size 0.450 Acres
Property Sub-Type Mixed Use
Property Description
Has been REDUCED from $1,200,000 to $895,000. This B&B is licensed for an Inn and included in the sale price, along with the Website & booking system. GREAT BUSINESS OPPORTUNITY RIGHT ON HIGHWAY 20! Property is zoned DOWNTOWN COMMERCIAL & Residential with unlimited possibilities! The Annex 412 Spring St. & The Abe's Guest House 414 Spring St are being sold as one property being "Abe's Spring Street Guest House & INN" boasting 6 deluxe suites, & a private Sauna Room! The Annex was designed as an artist complex studio, having small commercial kitchen, in floor heat, upper office appx.396 sq.ft, ample storage space & 3 guest units totaling appx 4848 sq. ft. The Annex built in 2000 on the foundation of "the Galena Brewery" of the 1800's uncovering 2 rock vaulted rooms, once used for the first cooling of the beer kegs! Both of these very unique and historical properties are truly Galena's gems! 414 Spring St. Abe's Guest House total sq ft 1773, which has 3 guest units, was the original Ice House where the beer barrels were cooled. Total Sq Ft total of 6,621 (county tax sheets ) for both The Annex & Abe's Guest House. Also a private Sauna Room for the comfort of the guests. The seller, a renowned artist, potter & sculptor, his work can be seen in many original details in these two building! Walking distance to downtown Galena with many shops and restaurants. This is a piece of Galena's history & unlimited possibilities for your own business! Call Ginger at 815-238-2939 for your private tour and see the hidden gems!
Location
State IL
County Jo Daviess County
Schools
School District Galena
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Listed by CHOICE REALTY
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com