30 S Shumway Ave

Investment Highlights

Stunning interior stone and woodwork Located in the heart of downtown Batavia River views from all east-facing windows

Executive Summary

ONE-OF-A-KIND 15,000 + sf of historic riverfront property in the heart of vibrant downtown Batavia. This stunning, well-maintained building is perfect for the owner/user who wants additional tenant income, or the value-add investor. So many approved potential uses here with DMU zoning: restaurant, event, office, medical, retail, partial residential -- or a mix! Set in a highly trafficked downtown location surrounded by residential, 30 S Shumway is the most beautiful and unique building in the area with tons of exposed local limestone, large windows overlooking the Fox River, and elegant Honduran mahogany beams and woodwork. The current longtime owner/occupant took this building down to its stone shell, rebuilt it with prime craftsmanship, and has babied it ever since. Please note the courtyard north of the building, and the potential for a large rooftop deck above the south single-story section. There's ample parking on the frontage, in the municipal spaces in the lot across Shumway and the lot to the south, and on Wilson Ave for a total of 75+ spaces. Equipped with an elevator servicing all three levels and a full sprinkler system, 30 S Shumway is move-in ready. Current owner has not sought occupancy or renewed leases in anticipation of sale. Photos and video are only a partial representation of this stunning building. Multiple office, meeting rooms, kitchenettes, and bathrooms not shown. Outdoor seating in north courtyard, and potential for seating in rear land area owned by City of Batavia (approval required). Rooftop seating potential. All current tenants on MTM or ST lease for potential buyer who has a new vision or desires to re-tenant. Current tenants willing to stay. 75+ parking spaces in close proximity to bldg. New buyer will purchase with confidence in the building's location and integrity!

• Sale Type    Investment or Owner User
• Property Type    Office
• Property Subtype    Office/Residential Office/Residential General Retail Restaurant General Retail Storefront Retail/Office General Retail Storefront Retail/Residential Office/Residential
• Building Size    15,000
• Building Class    B
• Year Built/Renovated    1870/1993
• Price    1,500,000
• Price Per SF    100
• Cap Rate    10.69
• NOI    160,300
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    3 Stories
• Typical Floor Size    7,500
• Slab To Slab    9?
• Building FAR    0.97
• Land Acres    0.36 AC

• Atrium
• Courtyard
• Waterfront
• Kitchen
• Reception
• Roof Terrace
• Common Parts WC Facilities
• High Ceilings
• Natural Light
• Open-Plan
• Partitioned Offices
• Outdoor Seating
• Air Conditioning
• Balcony