223 S Main Street new Save Request In-Person Tour Request Virtual Tour
Galena,IL 61036
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,980 sqft
Price per Sqft $124
MLS Listing ID 202407000
Annual Tax Amount $13,545
Tax Year 2023
Lot Size 1,742 Sqft
Property Description
Own a piece of Galena's vibrant Main Street and seize a rare investment opportunity! This nearly 8,000-square-foot property is perfectly situated across from the historic DeSoto House Hotel, offering unparalleled visibility and charm. The Main Street storefront, spanning approximately 1,600 square feet, features ample retail space and convenient storage for the shop owner. Above the storefront, the second level includes a spacious apartment and a large dedicated storage area—perfect for keeping tools and supplies for on-site maintenance. The third level boasts two generously sized long-term rental apartments, ideal for steady income. Levels four and five are home to four beautifully appointed Airbnbs (two on each level), all with a proven track record of excellent rental history. Best of all, the purchase includes all furnishings for the Airbnbs, making them turn-key ready for your next guests. This unique property extends from Main Street to Bench Street, combining historic character, modern income potential, and an unbeatable location in the heart of Galena's bustling tourism district. Don't miss your chance to invest in one of Galena's most sought-after addresses! Pre-approval letter or Cash proof of Funds must be supplied in order to schedule a showing.
Location
State IL
County Jo Daviess County
Schools
School District Galena