5532 MARENGO ROAD

Retail-Commercial for Sale
Catylist Listing ID: 30654948
Property Subtypes: Mixed Use
Building Size (RSF): 8,559 SF
Gross Land Area: 1.31 SF
Sale Price: $399,000
Unit Price: $46.62 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

FANTASTIC PROPERTY - ENDLESS POSSIBILITES! PROPERTY IS ZONED B2 (GENERAL BUSINESS). LOCATED AT THE SIGNALED INTERSECTION OF MARENGO ROAD AND BY PASS 20. THE 1.31 ACRE SITE CONSISTS OF A 4,219 SF HISTORIC 2 STORY 5 BEDROOM, 2.5 BATH BRICK HOME WITH A RENTED 2 BEDROOM APARTMENT ABOVE THE ATTACHED 2.5 CAR GARAGE, AND 2 WAREHOUSES (62' X 70') WITH A LOADING DOCK AND 2 - 14' OVERHEAD DOORS. APARTMENT RENTED MONTH TO MONTH $800/MO.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,478 (Annual)

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 0524200006
Zoning: B2
Total Number of Buildings: 4
Number of Stories: 2
Parking Type: Surface
Zoning Description: GENERAL BUSINESS
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,573 27,718 39,924
Median Age: 33.41 34.54 36.83
Households: 848 9,458 13,756

Contact

Photograph of Listing Agent

Steve Clark, CCIM,SIOR

DICKERSON NIEMAN COMMERCIAL CMCPEX Member
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