412 Spring Street Galena, IL $ 1,350,000
412 Spring Street
$ 1,350,000
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412 Spring Street

Galena, IL, 61036
$ 1,350,000
Baths0.0 Sq 7,630

Monthly Estimate*

$ 8,973

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Studio

Commercial Property for sale in Galena, IL

for $1,350,000. This 7,630 square foot building was built on a lot size of 0.45.

GREAT BUSINESS OPPORTUNITY RIGHT ON HIGHWAY 20! Property is zoned DOWNTOWN COMMERCIAL, with unlimited possibilities. The ANNEX 412 Spring St. was designed as an artist complex with a painting studio, pottery studio, upper office, small commercial licensed kitchen, in floor heat, ample space for unlimited possibilities for business or convert to a Private Residence. Have your guest and yourself relax in the private SAUNA Room! Laundry facilities are on site. There is also ample storage. The two properties 412 & 414 Spring St. are being sold as one, due to the adjoined and shared staircase and having the guest suites for the operating B&B/INN, three luxury suites in upper level of the Annex & two guest suites and an upper floor apartment, which is in the state of remodeling located in Abe's Guest House. Both of these very unique and historical properties were once part of The Galena Brewery of the mid-1800's. The Annex sits on the foundation where the brewing process started. Still in existence are two beautiful vaulted rooms, once used for storage of the beer barrels, one is used for serving guests of the Inn. 414 Spring St was the original Ice House where the beer barrels were cooled, which now operates as Abe's Spring Street Guest House INN/ B&B in conjunction with The Annex.The seller is a renowned artist, potter, sculptor and his work can be seen in the many details of these properties. He is including pottery production equipment and much more. See associated docs for more information on square footage & floor plan. There is parking up to possible nine spots and walking distance to the Main Street with shopping and restaurants. This truly a MUST SEE! Call Ginger 815-238-2939 for your private tour to learn the history and the unlimited possibilities for owning your own business!

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,777

Style

Business w/ Real Estate

Lot Size

0.45

Town/City

Galena

County/Region

Jo Daviess

MLS | Web ID

201773

List By
Ginger Eisbach

Listing Agent

Choice Realty

Broker

geisbach68@gmail.com

Email

Affordability Calculator

$9,954
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$981
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3439153 Elementary School
3439169 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/7/2021$1,041,300 -13.23% Price Down
8/12/2021$1,200,000 Listed Price

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412 Spring Street, Galena, IL, 61036 is a Commercial Property for sale at $1,350,000 with 7,630 sqft and a lot size of 0.45. 412 Spring Street is a studio with 0.0 baths. The property's zip code is 61036 which is in Galena, IL