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Investment Highlights

  • Highly visible storefront
  • Increased income potential
  • Exceptional exposure and daily traffic

Executive Summary

Located on Main Street in Richmond, IL, this highly visible storefront sits along the primary route traveled by nearly all visitors heading to Lake Geneva, offering exceptional exposure and daily traffic. The property features a successful storefront business currently under a signed five-year lease that ends in October of 2030, providing immediate income stability. The building offers a versatile layout including a prominent storefront, a large on-site parking lot, and an expansive open garage space with high ceilings, ideal for a variety of commercial or service uses. Additional spaces include a middle office, a back-office area, and a private upstairs office, allowing for flexible operations or multi-use functionality. The property is equipped with four handicapped-accessible bathrooms, enhancing usability for both employees and customers. The current owners utilize the back office to operate the adjacent ABC Storage business. Important Note: This building is being sold only in conjunction with the adjacent ABC Storage property and is not available as a standalone sale, presenting a unique opportunity to acquire an additional income-producing commercial package in a high-traffic corridor.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,310 SF
Building Class
C
Year Built
1992
Price
$1,394,500 CAD
Price Per SF
$167.81 CAD
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.60 AC
Zoning
GB
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
04-09-180-006
Land Assessment
$55,988 CAD (2024)
Improvements Assessment
$98,920 CAD (2024)
Total Assessment
$154,908 CAD (2024)
  • Listing ID: 39356421

  • Date on Market: 2026-02-06

  • Last Updated:

  • Address: 10709 N Main St, Richmond, IL 60071

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