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Retail-Commercial for Sale
Catylist Listing ID: 30681352
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant
Building Size (RSF): 8,188 SF
Gross Land Area: 21,919 SF
Sale Price: $99,000
Unit Price: $12.09 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/24/2021

Overview / Comments

PROPERTY WAS PREVIOUSLY USED AS A RESTAURANT ( FULL COMMERCIAL KICHEN) AND MUSEUM WITH A RETAIL STORE. NEW ROOF IN FALL 2020. COMMERCIAL KTCHEN IS INCLUDED. SOLID BUILDING , NEEDS TLC. BRING YOUR PLANS & IDEAS FOR BUSINESS , RESTAURANT, RETAIL, GATHERING PLACE, ETC. READY FOR A NEW OWNER. SOLD AS IS.
BUILDING HAS POTENTIAL, CLOSE TO AIRPORT, RT 251 & RT 20.
CALL JERRY FREDRICK FOR SHOWINGS:815-347-8310
TIM REGNIER O:815-978-3903

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: ROCKFORD, WINNEBAGO COUNTY
Tax ID/APN: 1511487009
Retail Clientele: General, Business
Property Located Between: RT 20 AND NEW MILFORD, EAST OF THE AIRPORT.
Property Visibility: Good
Largest Nearby Street: 11TH ST (RT 251).
Feet of Frontage: 146
Highway Access: CLOSE TO RT 20 AND 2 BLOCKS WEST OF RT 251
Airports: CHICAGO ROCKFORD INTERNATIONAL AIRPORT
Area Description: CLOSE TO HOTELS, INDUSTRIAL, COMMERCIAL PROPERTIES.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1950
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: NEW ROOF IN FALL 2020, GARAGE FOR STORAGE & RECEIVING.
Total Parking Spaces: 30
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Interior Description: BIG MEETING OR DINING ROOM, 2 OFFICES, 3 MEETING OR CONFERENCE ROOMS. LOTS OF STORAGE ROOMS, BREAK ROOM. 1 RETAIL AREA. 5GFA FURNACES, 4 CENTRAL AIR UNITS.
Zoning Description: COMMERCIAL, RETAIL/BUSINESS
Lot Frontage: 146
Lot Depth: 149
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: FEE SIMPLE
Legal Description: PIN:15-11-487-009 WINNEBAGO COURT SUB PT SE 1/4 SE 1/4 SEC 11-43-1 (EXC E 15 FT) LOT 5 BLK 12

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,401 44,345 117,095
Median Age: 38.38 35.3 36.03
Households: 900 17,468 45,848

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