Commercial Building For Sale
Retail-Commercial
for Sale
Catylist Listing ID: |
30510465 |
Property Subtypes: |
Free-Standing Building, Mixed Use
|
Building Size (RSF): |
8,580 SF
|
Gross Land Area: |
75,270 SF
|
Sale Price: |
$650,000 |
Unit Price: |
$75.76 PSF |
Ceiling: |
8 ft. |
Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
Building Name: |
Southtowne Business Center |
Usable Size (USF): |
8,580 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/17/2021 |
Overview / Comments
THIS MULTI-TENANT BUILDING COULD HAVE MANY USES: MEDICAL, RETAIL, RESTAURANT OR OFFICE. THERE IS AMPLE SURFACE PARKING AVAILABLE.
NEEDS SOME TLC.
|
Additional Details
Nearest MSA: |
Rockford |
County: |
Boone |
Taxing Authority: |
Belvidere Township |
Tax ID/APN: |
0535482017 |
Zoning: |
GBD GENERAL BUSINESS DISTRICT |
Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Other |
Property Located Between: |
Pearl Street & 7th Avenue |
Property Visibility: |
Excellent |
Largest Nearby Street: |
HWY 20 |
Feet of Frontage: |
235 |
Traffic/Vehicle Count: |
18,800 |
Highway Access: |
HWY 20 |
Airports: |
Chicago Rockford International Airport |
Site Description: |
Multi-tenant commercial building with surface parking for 50 vehicles. |
Area Description: |
Mixed - Commercial, multifamily residential, single family residential, industrial and vacant land. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
8,580 SF |
Property Condition: |
Excellent |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Exterior Description: |
Brick exterior |
Total Parking Spaces: |
50 |
Parking Ratio: |
6 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
Blacktop surface parking. |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Engineered System |
Interior Description: |
Set up for office or retail users. |
Zoning Description: |
GBD General Business District |
Lot Frontage: |
235 |
Lot Depth: |
211 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Corporate |
Legal Description: |
IN OFFICE |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,109 |
25,906 |
37,137 |
Median Age: |
36.49 |
34.15 |
37.17 |
Households: |
3,173 |
8,954 |
12,897 |
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