Description
High visibility development opportunity in the resort community of Lake Geneva. Hard to find development site on high traffic Edwards Blvd, just south of Hwy 50 & Hwy 12 interchange - the main corridor into the affluent community of Lake Geneva. This 38 acre parcel has been annexed into the City of Lake Geneva & the future land use map reflects a mixed use development of multi- family, single family & commercial uses. This unique property benefits from approximately 1200' of frontage on Edwards Blvd with a traffic count of 14,000+ cars per day. There is approximately 1,000' of frontage along Town Line Rd. A portion of the Lake Geneva bike path also runs along this site providing connectivity to downtown. Previous development plans for this site have included 27 acres for residential development, including luxury apartments & 11 acres of commercial. This is an excellent multi-family site & ideal location for a hotel, fuel station, bank, restaurant or possibly senior housing. The City of Lake Geneva has been receptive to a mixed-use development including high density residential & commercial. Municipal utilities are at or very nearby the site. Nearby commercial includes Walmart, ALDI, Home Goods, Walgreens, Home Depot & Target. Lake Geneva Business Park is immediately east of the subject site.
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0BEDS
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37.66ACRES
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01/2 BATHS
School Ratings & Info
Description
High visibility development opportunity in the resort community of Lake Geneva. Hard to find development site on high traffic Edwards Blvd, just south of Hwy 50 & Hwy 12 interchange - the main corridor into the affluent community of Lake Geneva. This 38 acre parcel has been annexed into the City of Lake Geneva & the future land use map reflects a mixed use development of multi- family, single family & commercial uses. This unique property benefits from approximately 1200' of frontage on Edwards Blvd with a traffic count of 14,000+ cars per day. There is approximately 1,000' of frontage along Town Line Rd. A portion of the Lake Geneva bike path also runs along this site providing connectivity to downtown. Previous development plans for this site have included 27 acres for residential development, including luxury apartments & 11 acres of commercial. This is an excellent multi-family site & ideal location for a hotel, fuel station, bank, restaurant or possibly senior housing. The City of Lake Geneva has been receptive to a mixed-use development including high density residential & commercial. Municipal utilities are at or very nearby the site. Nearby commercial includes Walmart, ALDI, Home Goods, Walgreens, Home Depot & Target. Lake Geneva Business Park is immediately east of the subject site.
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