Prime investment opportunity in Batavia's thriving industrial corridor. This 3,600 SF single-story commercial building sits on a 0.57-acre lot with flexible LI-Light Industrial zoning, allowing for various commercial and industrial uses. Fully occupied under a Modified NNN lease through April 2027, the property provides a stable income stream with minimal landlord responsibilities. The tenant covers utilities, interior maintenance, and insurance, while the landlord is responsible for property taxes and major structural components, including the roof and building systems. Located within the South River Street Gateway corridor, this property benefits from high demand and visibility, making it an attractive asset for investors seeking a low-maintenance, income-generating property. With recent updates to the office space and reliable building infrastructure, this property is primed for long-term value retention and tenant satisfaction. The current lease structure offers the potential for continued tenancy post-2027, adding further investment security. This is an ideal opportunity for investors looking for a stable asset in a growing commercial area with easy accessibility and versatile use potential.
Virtual Tours for 580 River Batavia, IL
Lot & Building Features
ConstructionSteel Siding
CoolingOffice Only, Space Pac
Tax Year2023
Lot Dimensions102X242X103X238 ft
Price History of 580 River, Batavia, IL
Date
Name
Price
Difference
12/31/1969
Listing Price
$675,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
580 River (MLS #12198565) is a commercial listing located in Batavia, IL.
This is a commercial listing with a lot of 24,829 sqft (or 0.57 acres). This property was listed on 10/28/2024 and has been priced for sale at $675,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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