105 W Main ST

Office for Sale
Catylist Listing ID: 30532554
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 18,000 SF
Sale Price: $449,000
Unit Price: $24.94 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2020

Overview / Comments

TREMENDOUS OPPORTUNITY TO OWN A PIECE OF FREEPORT’S HISTORY! Dating back to 1892 and once home to Freeport Hardware, this property offers approximately 18 ,000 square feet of commercial space. In the year 2000 this property underwent a major renovation: new aluminum storefront, windows, HVAC, electrical, plumbing, lighting & restoration of many original features including woodwork. The first floor currently serves as a retail space and yoga studio with several esthetician and massage rooms. The second floor is home to a longstanding architecture firm with office space, conference room, kitchenette area and 2 bathrooms. There is additional income from the lovely and modern 900 sq ft apartment, remodeled in 2003, with separate entrance, utilities & terrace with downtown views. The 3 3rd floor is currently a blank canvas waiting for your ideas. Owners would be willing to provide architectural plans for the third-floor apartment suites. This property also has a full basement, a single-stall garage space and receiving area. Completely modernized with loft-style exposed brick and exposed duct-work, yet full of charm from yesteryear when the building served as home to the hardware store. There is a hand operated dumbwaiter that can service all 4+ floors of the building. For a complete list of amenities, please contact the listing agent.

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 14-31-254-003
Zoning: AL
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 4,500 SF
Year Built: 1892
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 1-5 indoor parking and outside common parking.
Heat Type: Natural Gas, Other
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: B2
Water Service: Municipal
Sewer Type: Storm
Legal Description: Per Title

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,804 26,459 31,243
Median Age: 32.41 41.62 42.58
Households: 3,923 11,357 13,309

Contact

Photograph of Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley
CMCPEX Member
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