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$ 1,950,000
Est. payment /mo
Active
205 S Main Street Galena, IL 61036
7,423 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,423 sqft
Price per Sqft $262
MLS Listing ID 202604453
Annual Tax Amount $18,283
Tax Year 2025
Property Sub-Type Commercial
Property Description
Potential investment opportunity in the heart of historic Galena! This beautifully restored mixed-use property is home to a highly successful short-term rental business and includes a transferable short-term rental license, making it truly turnkey for the next owner. Offered beautifully furnished, the guest accommodations are thoughtfully appointed and ready to continue generating income from day one. The property features two spacious luxury suites with a total of seven bedrooms and four full baths, expansive living and dining areas, updated kitchens, and convenient laundry facilities. A thriving storefront occupies the main level, providing additional income potential. A rare opportunity with exceptional charm and quality. Solar Panels on Roof Square footage sourced from architectural drawings.
Location
State IL
Schools
School District Galena
Listed by COLDWELL BANKER NETWORK REALTY