414 Spring Street Active Save Request In-Person Tour Request Virtual Tour
Galena,IL 61036
Key Details
Property Type Commercial
Sub Type Business w/ Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 2,712 sqft
Price per Sqft $138
MLS Listing ID 202506680
Annual Tax Amount $7,270
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Business w/ Real Estate
Property Description
A super business opportunity right on Spring Street/ Highway 20 and a short walk to downtown Galena with its many Shops and restaurants. Located on the site of one of Galena's many Breweries, The City Brewery, the building was built to cool the beer kegs by placing blocks of ice on the upper floor, and the cool air would pass down the double walls, cooling the kegs. Currently operating with The Annex under an INN license. The Guest House has two suites, Rudolph's Retreat and Albert's Glen. Each featuring some of the owner's ( Charles Fach, a renowned artist) own personal work. Albert's Glen features a full kitchen and a one-of-a-kind bath! Also, there is a recently remodeled apartment on the upper floor. Two bedrooms, a brand new bath, refurbished wood floors, and a kitchen. A finished enclosed entrance porch with plenty of windows welcomes you home. Also, an outside sitting area. If purchased separately from The Annex, it will carry a B&B license. The property could also be converted to a single-family home or another business since it is zoned downtown commercial. A great opportunity to have a piece of Galena's colorful history. Can be purchased with The Annex, see listing #201773.
Location
State IL
Schools
School District Galena