Active

Price Change

131 S Batavia Avenue

Batavia IL, 60510

$765,000


$434.66 per sqft

Active

Price Change

1,760 sqft

Commercial

Courtesy of American Star Realty

Exceptional Investment Opportunity: Charlie Fox Pizzeria - Business & Building for Sale Price: $765,000 Location: 131 S Batavia Ave, Batavia, IL Discover an outstanding opportunity to own a well-established, highly profitable business and property in the heart of Batavia, IL. Charlie Fox Pizzeria, a beloved community staple, has been serving delicious meals for over 15 years, building a loyal customer base and consistent profitability. Property Highlights: Cap Rate: 8.39% (potential to exceed 15% with hands-on management) Mixed-Use Building: Includes a storefront on Batavia's bustling main street and a leased residential apartment generating additional income. Prime Location: High visibility in a vibrant locality with excellent foot and vehicular traffic, ensuring steady income flow. Business Features: Turnkey Operation: Established pizzeria with a proven track record of profitability. Strong Community Presence: A trusted name with over a decade of excellent service and a loyal clientele. Growth Potential: With direct supervision and strategic marketing, this business offers significant upside in revenue and profitability. This rare offering combines the reliability of a successful business with the security of real estate investment. Whether you're an experienced investor or an aspiring entrepreneur, Charlie Fox Pizzeria provides a compelling opportunity for immediate cash flow and long-term value growth. Contact Today! Don't miss out on this exceptional investment. Schedule your tour and secure this prime property and business in one of Batavia's most desirable locations.

12077398

MLS ID

June 6, 2024

Listed

November 20, 2024

Updated

Map

131 S Batavia Avenue
Batavia IL, 60510

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres

Other Property Details

Area Name

Batavia


Taxes

$10,819


Tax Frequency

Annually


Days on Market

168


Garage

No


View

No


County

Kane


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

11/20/2024

Price change

$765,000

-2%

Courtesy of American Star Realty, Pradeep Shukla,
Listing Contact: 847-375-9293 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Lori Johanneson Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/20/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 5:17 PM UTC, 11/20/2024

 

 

Powered byLuxury Presence