309 South Madison Avenue

Highlights:

• Lot Dimension: 25x90
• Annual Tax: $ 314.31
• Age: Over 50 Years Old
• Lot Size: Under 1/2 Acre

Description:

Discover untapped potential in this commercial property nestled in downtown Aurora! With 2,250 square feet of versatile storefront space, this building offers a blank canvas for your business vision and a prime investment opportunity. While it does require significant renovation, the long-term return potential is exceptional for savvy investors looking to build equity through property improvement. The main level features open retail space with large windows providing excellent visibility for foot traffic. A functional bathroom adds convenience for future customers or employees. The true investment advantage? The upper level holds exciting possibilities for conversion into a residential apartment, creating potential dual-income streams - operate your business below while collecting rental income above, or create an efficient live-work arrangement that eliminates commuting costs. Located in Aurora's heart, you'll enjoy proximity to local amenities that enhance property value year after year. This diamond-in-the-rough presents a rare opportunity to establish your business presence while building valuable real estate assets in a community-centered location. Perfect for investors who recognize that today's renovation project i