Over 2,100 sqft commercial bldg w high traffic

Retail-Commercial for Sale
Catylist Listing ID: 30746488
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,152 SF
Gross Land Area: 23,880 SF
Sale Price: $225,000
Unit Price: $104.55 PSF
Property Use Type: Business
Usable Size (USF): 2,152 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Great location on high traffic Business Highway 20 with great visibility and exposure. Exciting chance to continue as a restaurant or bring your dream and convert the space to retail, offices, salon, etc. Over 2,100 sqft of endless possibilities. 45 Parking spaces in lot. 2 HVAC one is new in 2017, water heater new 2017, water softener new 2016, carpet new 2020! Newly resurfaced parking lot in August 2021!

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 13-26-476-016
Zoning: COMMERCIAL B3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: on Business Highway 20
Feet of Frontage: 120
Traffic/Vehicle Count: 5,750
Highway Access: Highway 20
Airports: Freeport and Rockford
Site Description: Established restaurant business next to Convenience store
Area Description: Surrounded by mostly residential
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1983
Roof Type: Flat
Total Parking Spaces: 45
Parking Type: Surface
Heat Source: Central
Zoning Description: Commercial B3
Lot Frontage: 120
Lot Depth: 199
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,877 27,880 29,764
Median Age: 43.93 42.44 42.39
Households: 4,086 12,019 12,736

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