Downtown Winnebago Mixed Use
Retail-Commercial
for Sale
| Catylist Listing ID: |
30587149 |
| Property Subtypes: |
Street Retail
|
| Building Size (RSF): |
1,092 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
5,239 SF
|
| Sale Price: |
$68,500 |
| Unit Price: |
$62.73 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/30/2021 |
Overview / Comments
Downtown Winnebago self sufficientproperty with storefront, a two bedroom apartment and garage. Fully leased with long term tenants.
Property has been updated in 2019 with $15,000 in improvements including new high efficiency furnace, central air conditioning, water heater and updated electric panel.
This is a great investment opportunity in emerging downtown Winnebago. Lots of potential for business and residence or investment income.
|
Additional Details
| Nearest MSA: |
Rockford |
| County: |
Winnebago |
| Taxing Authority: |
Winnebago County |
| Tax ID/APN: |
1408432009 |
| Zoning: |
COMMERCIAL BUSINESS |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Renovated: |
2019 |
| Parking Description: |
Garage and street parking |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,615 |
5,135 |
13,696 |
| Median Age: |
40.72 |
40.44 |
41.08 |
| Households: |
1,010 |
1,837 |
5,079 |
|
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