Multi Use Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30742350
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 25,228 SF
Gross Building Area: See Agent
Sale Price: $360,000
Unit Price: $14.27 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 7/27/2021

Overview / Comments

Very Unique, All Brick-Three Story, Commercial Historical Building in the Heart of Belvidere. Total Square Footage 25,228 which consists of 10,168 square footage on each level. Currently, Ace Hardware is the Main Level, Upper Two Stories Could Serve Many Multi Uses such as: Apartment Living, Condo conversion, Possible Retail Stores, Office Space...The Potential of Uses are Unlimited to Suit Your Needs! 3 Phase Electrical, Freight Elevator, Roof Shingles 2 Yrs New, Two Furnaces, C/A, Private Parking Lot...Contact Agent for Amenities Sheet. Centrally Located, High Traffic Count and Great Visibility!

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 0525303003
Retail Clientele: Business
Property Visibility: Excellent
Area Description: Transitioning Industrial area
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 10,168 SF
Property Condition: Average
Year Built: 1890
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 20
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 25-44-3 SLY 166"OF BLK 4 NATL SUB 302

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,674 25,906 36,091
Median Age: 32.86 34.15 36.94
Households: 4,529 8,954 12,516

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